Compass Group (LON:CPG) Stock Crosses Above 200-Day Moving Average of $2,215.60

Compass Group PLC (LON:CPG) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,215.60 ($28.31) and traded as high as GBX 2,350 ($30.03). Compass Group shares last traded at GBX 2,344 ($29.96), with a volume of 1,849,942 shares changing hands.

Analyst Upgrades and Downgrades

CPG has been the topic of a number of research reports. Shore Capital reaffirmed a “buy” rating on shares of Compass Group in a research report on Wednesday, May 15th. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 2,400 ($30.67) price target on shares of Compass Group in a report on Tuesday, May 21st. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,374 ($30.34).

Compass Group Price Performance

The stock has a market cap of £39.66 billion, a P/E ratio of 2,991.03, a P/E/G ratio of 1.80 and a beta of 0.77. 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 business has a 50 day simple moving average of GBX 2,234.62 and a 200-day simple moving average of GBX 2,216.76.

Compass Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, July 25th. Shareholders of record on Thursday, June 13th were paid a $0.21 dividend. The ex-dividend date of this dividend was Thursday, June 13th. This represents a yield of 0.71%. Compass Group’s dividend payout ratio (DPR) is presently 5,769.23%.

Insider Buying and Selling at Compass Group

In other Compass Group news, insider Leanne Wood acquired 1,300 shares of Compass Group stock in a transaction on Thursday, July 25th. The stock was purchased at an average price of GBX 2,317 ($29.61) per share, for a total transaction of £30,121 ($38,493.29). In other news, insider Arlene Isaacs-Lowe purchased 2,800 shares of the business’s stock in a transaction dated Tuesday, May 28th. The stock was bought at an average price of GBX 2,176 ($27.81) per share, for a total transaction of £60,928 ($77,863.26). Also, insider Leanne Wood purchased 1,300 shares of the business’s stock in a transaction dated Thursday, July 25th. The shares were purchased at an average price of GBX 2,317 ($29.61) per share, with a total value of £30,121 ($38,493.29). 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.