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

Compass Group PLC (LON:CPG)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 traded.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CPG. Citigroup reaffirmed a “buy” rating on shares of Compass Group in a research report on Tuesday, February 20th. Shore Capital reaffirmed a “buy” rating on shares of Compass Group in a research report on Thursday, February 8th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 2,600 ($32.11) target price on shares of Compass Group in a research report on Monday, February 26th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 2,371 ($29.29).

Compass Group Stock Performance

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

Compass Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, January 18th were paid a dividend of GBX 28.10 ($0.35) per share. This is a positive change from Compass Group’s previous dividend of $15.00. This represents a yield of 1.34%. The ex-dividend date was Thursday, January 18th. Compass Group’s dividend payout ratio (DPR) is currently 5,733.33%.

About Compass Group

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.