Capita (LON:CPI) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Capita plc (LON:CPI) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 16.12 ($0.21) and traded as low as GBX 12.92 ($0.17). Capita shares last traded at GBX 12.98 ($0.17), with a volume of 9,786,110 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “hold” rating on shares of Capita in a report on Tuesday, December 10th.

Capita Stock Performance

The stock has a market capitalization of £219.30 million, a price-to-earnings ratio of -5.38, a PEG ratio of 0.18 and a beta of 1.95. The company has a debt-to-equity ratio of 291.56, a quick ratio of 0.53 and a current ratio of 0.53. The firm’s 50 day moving average is GBX 13.82 and its 200-day moving average is GBX 16.12.

Capita (LON:CPI) last posted its earnings results on Wednesday, March 5th. The company reported GBX 2.11 ($0.03) EPS for the quarter. Capita had a negative return on equity of 28.00% and a negative net margin of 1.64%.

Insider Transactions at Capita

In related news, insider Nneka Abulokwe bought 71,896 shares of the business’s stock in a transaction dated Thursday, March 13th. The stock was acquired at an average price of GBX 14 ($0.18) per share, with a total value of £10,065.44 ($13,004.44). Corporate insiders own 4.59% of the company’s stock.

Capita Company Profile

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.