Compass Group (LON:CPG) Share Price Passes Above 200 Day Moving Average of $2,232.46

Compass Group PLC (LON:CPG) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 2,232.46 ($29.44) and traded as high as GBX 2,387.80 ($31.49). Compass Group shares last traded at GBX 2,375.89 ($31.33), with a volume of 2,179,925 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on CPG shares. Royal Bank of Canada reissued an “outperform” rating and set a GBX 2,400 ($31.65) target price on shares of Compass Group in a report on Tuesday, May 21st. Shore Capital reissued a “buy” rating on shares of Compass Group in a report on Wednesday, May 15th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Compass Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,374 ($31.31).

Compass Group Stock Up 0.7 %

The stock has a market cap of £40.65 billion, a price-to-earnings ratio of 3,085.58, a P/E/G ratio of 1.71 and a beta of 0.81. The company has a current ratio of 0.78, a quick ratio of 0.86 and a debt-to-equity ratio of 89.31. The stock’s 50-day moving average price is GBX 2,267.70 and its 200-day moving average price is GBX 2,232.46.

Insider Transactions at Compass Group

In other news, insider Leanne Wood purchased 1,300 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were purchased at an average price of GBX 2,317 ($30.56) per share, for a total transaction of £30,121 ($39,721.75). Corporate insiders own 0.15% of the company’s stock.

Compass Group Company Profile

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.