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Capita (LON:CPI) Reaches New 1-Year High - Here's Why

Capita logo with Industrials background

Capita plc (LON:CPI - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 357 ($4.79) and last traded at GBX 357 ($4.79), with a volume of 79632 shares trading hands. The stock had previously closed at GBX 346 ($4.65).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft upped their target price on shares of Capita from GBX 375 ($5.04) to GBX 405 ($5.44) and gave the company a "buy" rating in a report on Friday, July 4th.

View Our Latest Report on CPI

Capita Stock Up 0.3%

The firm has a market capitalization of £5.82 billion, a PE ratio of -142.68, a PEG ratio of 0.18 and a beta of 1.95. The business's fifty day moving average price is GBX 273.07 and its 200 day moving average price is GBX 112.92. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 291.56.

About Capita

(Get Free Report)

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.

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