Capita (OTCMKTS:CTAGF) Stock Price Up 92.1% – Should You Buy?

Capita plc (OTCMKTS:CTAGF) shares shot up 92.1% during mid-day trading on Thursday . The stock traded as high as $4.56 and last traded at $4.56. 5,000 shares changed hands during mid-day trading, an increase of 762% from the average session volume of 580 shares. The stock had previously closed at $2.37.

Analysts Set New Price Targets

Separately, Barclays reiterated an “overweight” rating on shares of Capita in a research report on Wednesday, June 18th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Capita has a consensus rating of “Buy”.

Capita Price Performance

The company has a 50 day simple moving average of $2.42 and a 200 day simple moving average of $1.88.

Capita Company Profile

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 in two divisions: Public Service and Capita Experience divisions. The company offers solutions for finance and accounting, procurement, property and infrastructure, travel and event, and workplace administration.