Compass Group (LON:CPG) Share Price Passes Above Two Hundred Day Moving Average of $2,140.25

Shares of Compass Group PLC (LON:CPG) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,140.25 ($26.44) and traded as high as GBX 2,253 ($27.83). Compass Group shares last traded at GBX 2,230 ($27.54), with a volume of 1,718,913 shares.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on CPG shares. Citigroup reissued a “buy” rating on shares of Compass Group in a report on Tuesday, February 20th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 2,600 ($32.11) price target on shares of Compass Group in a research note on Monday, February 26th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Compass Group in a research note on Thursday, February 8th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,371 ($29.29).

Compass Group Price Performance

The business has a 50-day moving average price of GBX 2,203.44 and a 200 day moving average price of GBX 2,140.25. The company has a market cap of £37.91 billion, a price-to-earnings ratio of 2,973.33, a P/E/G ratio of 1.79 and a beta of 0.75. The company has a current ratio of 0.75, a quick ratio of 0.86 and a debt-to-equity ratio of 86.40.

Compass Group Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, January 18th were issued a GBX 28.10 ($0.35) dividend. The ex-dividend date of this dividend was Thursday, January 18th. This represents a dividend yield of 1.34%. This is a positive change from Compass Group’s previous dividend of $15.00. Compass Group’s dividend payout ratio is presently 5,733.33%.

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.