SELECT * FROM future.stocks WHERE name like '%centrica%' LIMIT 1; How To Buy Centrica Shares ? - Grow Your Financial Portfolio

How To Buy Centrica Shares

You can buy Centrica shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Centrica shares with a broker like eToro or you can trade Centrica CFDs with XTB you can begin trading Centrica shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Centrica stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker XTB City Index eToro Trading212 FP Markets Plus500
Rating
Used By 200,000+ 14,000+ 12,000,000+ 14,000,000+ 10,000+ 15,500+
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Scroll down to read our indepth article on How To Buy Centrica Shares. What you should know, Types of trading Centrica Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Centrica Shares Table of Contents

Centrica Financial Details

Financial Details

Centrica Stock symbol CNA
Centrica Sector and Industry Utilities Utilities
Centrica Exchange LSE - London Stock Exchange
52 Week High $140.7
52 Week Low $63.99
Centrica Market Capitalisation $12,249,096,094.00
Centrica Average Volume 198,468.00
Centrica PE 19.13
Centrica EPS 2.36
Stock Currency USD

Overview of Centrica

Centrica is an British Utilities Utilities company currently traded on the LSE which fully known as the London Stock Exchange.

Centrica trades under the stock symbol CNA on the LSE.

Centrica shares are exchanged in USD on the LSE.

Centrica has a current share price of $84.84 USD dated 31/01/2020.

The highest Centrica share price over the last 52 weeks was $140.7 USD and its lowest price over the last 52 weeks was $63.99 USD. That is a 52 week price range of $63.99 - $140.7.

Centrica Trading Volume and PE

Centrica currently has 271,478,000.00 active shares in circulation traded through the LSE exchange.

Centrica market capitalization is $12,249,096,094.00 with an average daily trading volume of 198,468.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Centrica has a Price Earning Ratio ( PE ) of 19.13 and earning per share ( EPS ) of 2.36. Generally speaking Centrica having a high P/E ratio means that Centrica investors forsee increased growth with Centrica in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Centrica earnings per share is Disney company profit that's allocated to every Centrica common stock. Earnings per share is calculated by taking the difference between Centrica's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Centrica shares outstanding.

Centrica Financial Charts

Financial Details

Centrica Information

Centrica Location & Contact Information

Address Millstream Maidenhead Road Windsor, SL4 5GD United Kingdom
Phone Number 44-1753-494-000
Website URL www.centrica.com

Centrica Executives and Board Members

Chairman Charles Andrew Berry
Chief Executive Officer Iain C Conn
CFO/Finance Director Chris O'Shea
Centrica Board Member Charles Andrew Berry
Centrica Board Member Carlos E Pascual
Centrica Board Member Stephen Charles Pusey

How To Buy Centrica Shares Guide

Buying Centrica Stocks and CFDs

When investing in Centrica you have several options as to what type of investment you wish to conduct. You can buy traditional Centrica shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Centrica shares with stock brokers and trading Centrica with CFDs below.

Centrica CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Centrica stock.

If you buy Centrica shares with a stock broker you actually own a share of Centrica. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Centrica price will change up or down.

Lets explain why you would buy Centrica as a CFD instead of as a share.

If you went and brought 100 Centrica shares at $100 a share with a stock broker you own $1000 of Centrica.

The main difference when trading Centrica as a CFD and buying Centrica as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Centrica you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Centrica. Trading an Centrica CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Centrica CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Centrica share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Centrica CFD long would be hoping to profit from a rise in the Centrica share price. An Centrica CFD short would be aiming to profit from a fall in the Centrica stock price. Trading CFDs allows traders to profit from both directions of the Centrica price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Centrica shares you can only profit from a rise in the Centrica stock price.

Centrica CFD and Stock Market Times

When trading in traditional Centrica shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Centrica Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Centrica stock. This limits your risk to your initial amount invested in Centrica. You can only lose the amount invested with traditional Centrica shares. Another benefit of buying Centrica shares with a broker is that you may be eligible to receive Centrica company dividends if applicable.

If you Invest in Centrica via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Centrica. If you buy Centrica stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Centrica benefits as in owning a certain amount of stock for a set period.

If you own shares in Centrica you may be eligible to voting rights at Centrica shareholder general meetings.

Centrica Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Centrica Stocks and shares are only exempt from tax if the Centrica shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Centrica Stocks and Shares or Centrica CFDs?

There are pros and cons to trading in both Centrica Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Centrica stocks and shares is better suited for long term investments. Historically Centrica shares provide better returns over the long term, usually a 10 year period.

Centrica CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Centrica share investors aim to profit on the fluctuating highs and lows of the Centrica price throughout the day. Day trading as you can imagine focuses on profiting from the daily Centrica stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Centrica stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Centrica share price for example to a known amount.

Example Cost of Buying Centrica as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Centrica CFD trade example Centrica Share deal example
Market price $84.84 $84.84
Broker Deal Invest $16.968 at 1:5 Margin (20%) Buy at $84.84 a share
Deal size 100 shares 100 shares
Initial outlay

$1696.8

(Margin = exposure x 20% margin factor)

$8484

(100 shares at $84.84)
Stamp duty No £20
Close price Sell at $101.808 Sell at $101.808
Estimated Profit

(16.968 point increase x 100 shares = $1696.8)

*Not including commission fees and taxes

($10180.8 - $8484 = $1696.8)

*Not including commission fees and taxes
Trade Centrica CFDs now with XTB Trade Centrica Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Centrica shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Centrica.