Compass Group (LON:CPG) Stock Price Crosses Above 200-Day Moving Average of $2,272.66

Compass Group PLC (LON:CPG)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 2,272.66 ($30.40) and traded as high as GBX 2,437 ($32.60). Compass Group shares last traded at GBX 2,394 ($32.02), with a volume of 2,617,225 shares trading hands.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. upped their price target on Compass Group from GBX 2,600 ($34.78) to GBX 2,800 ($37.45) and gave the stock an “overweight” rating in a research note on Wednesday, September 11th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Compass Group currently has a consensus rating of “Buy” and a consensus target price of GBX 2,533.33 ($33.89).

Compass Group Price Performance

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 business’s fifty day moving average price is GBX 2,379.66 and its 200-day moving average price is GBX 2,272.66. The stock has a market capitalization of £40.65 billion, a price-to-earnings ratio of 3,192.00, a PEG ratio of 1.76 and a beta of 0.81.

Insider Activity at Compass Group

In related news, insider Leanne Wood acquired 1,300 shares of the firm’s stock in a transaction on Thursday, July 25th. The stock was purchased at an average cost of GBX 2,317 ($30.99) per share, with a total value of £30,121 ($40,290.26). 0.15% of the stock is owned by insiders.

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.