Insider Selling: Capita plc (LON:CPI) Insider Sells 572,264 Shares of Stock

Capita plc (LON:CPIGet Rating) insider Jonathan (Jon) Lewis sold 572,264 shares of the business’s stock in a transaction that occurred on Tuesday, April 26th. The stock was sold at an average price of GBX 21 ($0.27), for a total value of £120,175.44 ($153,167.78).

Shares of LON CPI opened at GBX 21.08 ($0.27) on Wednesday. The company has a quick ratio of 0.39, a current ratio of 0.51 and a debt-to-equity ratio of 419.12. The firm’s 50-day moving average price is GBX 22.59 and its 200-day moving average price is GBX 34.29. Capita plc has a 52-week low of GBX 19.89 ($0.25) and a 52-week high of GBX 55.98 ($0.71). The company has a market cap of £354.96 million and a PE ratio of 1.57.

CPI has been the topic of several analyst reports. Barclays dropped their target price on Capita from GBX 80 ($1.02) to GBX 65 ($0.83) and set an “overweight” rating on the stock in a report on Thursday, March 10th. Royal Bank of Canada cut their price objective on shares of Capita from GBX 50 ($0.64) to GBX 42 ($0.54) and set an “outperform” rating on the stock in a research report on Thursday, April 7th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Capita in a report on Thursday, March 10th.

About Capita (Get Rating)

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 through Public Service, Experience, and Portfolio divisions. The company offers solutions for finance and accounting, procurement, property and infrastructure, travel and event, and workplace administration.

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Insider Buying and Selling by Quarter for Capita (LON:CPI)

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