Compass Group (LON:CPG) Share Price Passes Above 200 Day Moving Average of $2,154.16

Shares of Compass Group PLC (LON:CPG) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,154.16 ($27.06) and traded as high as GBX 2,302 ($28.92). Compass Group shares last traded at GBX 2,282 ($28.67), with a volume of 1,561,608 shares.

Analyst Ratings Changes

A number of research analysts have recently weighed in on CPG shares. Shore Capital restated a “buy” rating on shares of Compass Group in a research report on Thursday, February 8th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 2,600 ($32.66) price target on shares of Compass Group in a report on Monday, February 26th. Finally, Citigroup reaffirmed a “buy” rating on shares of Compass Group in a report on Tuesday, February 20th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Compass Group presently has an average rating of “Moderate Buy” and an average price target of GBX 2,371 ($29.79).

Compass Group Trading Up 0.4 %

The company has a 50-day moving average of GBX 2,217.16 and a 200 day moving average of GBX 2,154.16. The company has a debt-to-equity ratio of 86.40, a current ratio of 0.75 and a quick ratio of 0.86. The company has a market cap of £38.96 billion, a PE ratio of 3,042.67, a price-to-earnings-growth ratio of 1.80 and a beta of 0.76.

Compass Group Increases Dividend

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