Capita (LON:CPI) Stock Price Passes Below 200 Day Moving Average of $16.70

Capita plc (LON:CPI)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 16.70 ($0.21) and traded as low as GBX 14 ($0.18). Capita shares last traded at GBX 14.04 ($0.18), with a volume of 4,863,051 shares traded.

Analyst Ratings Changes

CPI has been the subject of several recent research reports. Shore Capital reissued a “buy” rating on shares of Capita in a research note on Tuesday, May 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 35 ($0.44) price objective on shares of Capita in a research note on Tuesday, May 7th. Finally, Royal Bank of Canada lowered their price objective on shares of Capita to GBX 1,800 ($22.87) and set a “sector perform” rating for the company in a research note on Tuesday, March 12th.

Capita Trading Down 1.5 %

The stock has a market capitalization of £237.28 million, a P/E ratio of -140.40, a P/E/G ratio of 0.18 and a beta of 1.81. The firm’s 50 day moving average price is GBX 14.02 and its 200 day moving average price is GBX 16.70. The company has a debt-to-equity ratio of 628.81, a current ratio of 0.49 and a quick ratio of 0.53.

About Capita

Capita plc provides consulting, digital, and software products and services to clients in the private and public sectors in the United Kingdom and internationally. It operates in two divisions: Public Service and Capita Experience divisions. The company offers solutions for finance and accounting, procurement, property and infrastructure, travel and event, and workplace administration.