Capita (LON:CPI) Share Price Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• Capita plc's stock price has risen above its 200-day moving average, trading as high as GBX 234 ($3.15), while the last recorded price was GBX 232.50 ($3.13).
• Analysts have mixed ratings on Capita, with one maintaining a "Buy" rating and another a "Hold," leading to an average price target of GBX 405.
• The company reported a negative net margin of 1.64% and a negative return on equity of 28.00% in its latest earnings results, indicating financial challenges.

Capita plc (LON:CPI - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 156.70 ($2.11) and traded as high as GBX 234 ($3.15). Capita shares last traded at GBX 232.50 ($3.13), with a volume of 400,840 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on CPI shares. Deutsche Bank Aktiengesellschaft upped their price target on Capita from GBX 375 to GBX 405 and gave the company a "buy" rating in a research note on Friday, July 4th. Shore Capital reissued a "hold" rating on shares of Capita in a research note on Tuesday, August 5th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of GBX 405.

Capita Trading Up 0.8%

The company has a 50 day moving average of GBX 295.99 and a 200-day moving average of GBX 163.87. The company has a debt-to-equity ratio of 291.56, a quick ratio of 0.53 and a current ratio of 0.53. The stock has a market cap of £4.03 billion, a price-to-earnings ratio of -98.78, a price-to-earnings-growth ratio of 0.18 and a beta of 1.95.

Capita (LON:CPI - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported GBX 21.63 earnings per share for the quarter. Capita had a negative return on equity of 28.00% and a negative net margin of 1.64%.

About Capita

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.