Centrica is the supply side of the former British Gas. The company supplies gas and electricity and offers a range of home energy solutions and low-carbon products and services.
Centrica Plc Ord 6 14/81P is listed on the London Stock Exchange trading with ticker code CNA.L, and is part of the Utilities sector. It has a market capitalisation of £518,993m, with approximately 5,715m shares in issue. Over the last year, Centrica Plc share price has been traded in a range of 75.92, hitting a high of 164.50, and a low of 88.58.
Centrica Plc, officially known as Centrica Plc Ord 6 14/81P was formed in March of 1995, making the company twenty four years old. The company filed its latest accounts on 31st December 2014, showing a turnover of approximately 29.41 billion GBX with gross profits of 3.23 billion, or 0.5654 per issued share, and a pre-tax profit margin of -4.77%. Centrica Plc currently has 12 directors, and has had 30 previous directors over the last 24 years. In the last set of accounts produced by Pricewaterhousecoopers Llp, the company showed 1.93 billion paid in salaries to the 37,530 staff (average wage of 51 thousand), with the directors receiving an average 667 thousand each. In the accounts filed in 2014, the company paid 867000000 in dividends, or 0.1517 per share.
Centrica Plc is in the Utilities sector.
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|Shares in Issue||5,715m|
|52 Week High||164.50|
|52 Week Low||88.58|
Centrica Plc. is an avoid at the current price level as the stock still looks like in a correction mode. The stock finished trading at 133p a share on the London stock exchange, up by 0.38% compared to the previous close. In terms of technical terms or charting, the stock still looks a little weak and we expect the downside correction to continue for some time. On a daily chart, the stock has formed a triple top pattern which indicates that the upside is restricted and the stock has a more room for downside. The momentum oscillator crossover also indicates the bearishness of the stock. The immediate support and resistance for the stock lies at 124p and 147p respectively. A move above 147p can indicates some upmove in the stock. However, a break below 124p can take down the stock to even lower levels. Therefore traders or investors would be advised to keep an eye at the respective levels and accordingly initiate their positions. (Read more)
Centrica Plc. is an avoid at the current level! The stock has clearly been in a correction mode and it looks like that the correction is going to continue for the time being. Hence, traders and investors would be advised to stay away from the stock till it starts consolidating. The stock finished trading on the London stock exchange at 197.1p a share, up by 0.25% compared to the previous close. The stock has been trading on a narrow channel of 195p-215p for quite some time. However, the momentum oscillators are clearly signaling ‘Sell’ on the daily charts. Thus, we see a sharp breakdown coming in Centrica plc. anytime soon. Thus, fresh positions should be strictly avoided in the company. Currently, the stock has been trading below its 20 day moving average (DMA), 50 DMA and 100 DMA of 203p, 202p and 205p.Trading below the moving averages is also clearly a bearish indicator for a stock and moving averages would act as a crucial resistance for the stocks. (Read more)