Compass Group (LON:CPG) Stock Price Passes Above Two Hundred Day Moving Average of $2,261.35

Compass Group PLC (LON:CPG)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,261.35 ($29.87) and traded as high as GBX 2,435 ($32.17). Compass Group shares last traded at GBX 2,413 ($31.88), with a volume of 4,271,426 shares traded.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lifted their price objective on Compass Group from GBX 2,600 ($34.35) to GBX 2,800 ($36.99) and gave the company an “overweight” rating in a research note on Wednesday, September 11th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, Compass Group presently has a consensus rating of “Buy” and a consensus price target of GBX 2,487.50 ($32.86).

Compass Group Trading Down 0.3 %

The firm has a fifty day moving average of GBX 2,350.08 and a 200-day moving average of GBX 2,261.35. The company has a debt-to-equity ratio of 89.31, a quick ratio of 0.86 and a current ratio of 0.78. The stock has a market capitalization of £41.02 billion, a price-to-earnings ratio of 3,175.00, a P/E/G ratio of 1.80 and a beta of 0.81.

Insider Activity

In related news, insider Leanne Wood purchased 1,300 shares of Compass Group stock in a transaction that occurred on Thursday, July 25th. The shares were purchased at an average cost of GBX 2,317 ($30.61) per share, with a total value of £30,121 ($39,789.96). Insiders own 0.15% of the company’s stock.

About Compass Group

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.