Compass Group (LON:CPG) Stock Crosses Above 200-Day Moving Average of $2,181.07

Compass Group PLC (LON:CPGGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,181.07 ($27.77) and traded as high as GBX 2,240 ($28.52). Compass Group shares last traded at GBX 2,239 ($28.51), with a volume of 2,371,961 shares traded.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Royal Bank of Canada restated an “outperform” rating and set a GBX 2,400 ($30.56) price target on shares of Compass Group in a research report on Tuesday, May 21st. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 2,600 ($33.11) price objective on shares of Compass Group in a research note on Monday, February 26th. Citigroup reissued a “buy” rating on shares of Compass Group in a research note on Tuesday, February 20th. Finally, Shore Capital reissued a “buy” rating on shares of Compass Group in a research note on Wednesday, May 15th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, Compass Group presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,374 ($30.23).

Check Out Our Latest Stock Analysis on CPG

Compass Group Stock Down 0.1 %

The company has a debt-to-equity ratio of 89.31, a current ratio of 0.78 and a quick ratio of 0.86. The company has a 50 day moving average price of GBX 2,221.12 and a 200-day moving average price of GBX 2,182.39. The stock has a market capitalization of £37.69 billion, a PE ratio of 2,842.31, a PEG ratio of 1.80 and a beta of 0.77.

Compass Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, July 25th. Investors of record on Thursday, June 13th will be paid a $0.21 dividend. This represents a yield of 0.71%. The ex-dividend date is Thursday, June 13th. Compass Group’s payout ratio is currently 5,769.23%.

Insider Buying and Selling at Compass Group

In other news, insider Arlene Isaacs-Lowe purchased 2,800 shares of Compass Group stock in a transaction that occurred on Tuesday, May 28th. The shares were bought at an average cost of GBX 2,176 ($27.71) per share, with a total value of £60,928 ($77,585.64). Insiders own 0.15% of the company’s stock.

About Compass Group

(Get Free Report)

Compass Group PLC operates as a food and support services company in North America, Europe, and internationally. The company offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.

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