Compass Group (OTCMKTS:CMPGY) Hits New 1-Year Low – Here’s What Happened

Shares of Compass Group PLC (OTCMKTS:CMPGY) hit a new 52-week low during trading on Friday . The company traded as low as $27.2805 and last traded at $27.30, with a volume of 5157 shares traded. The stock had previously closed at $28.99.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada upgraded shares of Compass Group from a “sector perform” rating to an “outperform” rating in a research note on Monday, December 1st. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

Compass Group Stock Down 2.4%

The firm has a fifty day simple moving average of $29.58 and a 200 day simple moving average of $31.74. The company has a quick ratio of 0.65, a current ratio of 0.73 and a debt-to-equity ratio of 0.72.

About Compass Group

Compass Group is a UK-based multinational company that specializes in contract foodservice and support services for corporate, education, healthcare, sports and leisure, defense, and remote-site clients. The company delivers on-site catering, concession and hospitality services, vending, and retail food offerings, drawing on a portfolio of operating units and local brands to tailor services to client needs. Its business model focuses on delivering food and related services under long-term contracts for institutions and organizations rather than direct retail food sales.

Beyond core catering, Compass Group offers a range of integrated support services including facilities management, cleaning, waste management, catering technology, and workforce management solutions.