Capita (LON:CPI) Shares Cross Below 200 Day Moving Average - What's Next?

Shares of Capita plc (LON:CPI - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 16.12 ($0.21) and traded as low as GBX 12.92 ($0.16). Capita shares last traded at GBX 12.98 ($0.17), with a volume of 9,786,110 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "hold" rating on shares of Capita in a research report on Tuesday, December 10th.

Capita Price Performance

The company has a fifty day simple moving average of GBX 13.69 and a 200-day simple moving average of GBX 15.94. The company has a market cap of £203.01 million, a P/E ratio of -4.98, a PEG ratio of 0.18 and a beta of 1.95. The company has a debt-to-equity ratio of 291.56, a current ratio of 0.53 and a quick ratio of 0.53.

Capita (LON:CPI - Get Free Report) last announced its earnings results on Wednesday, March 5th. The company reported GBX 2.11 ($0.03) earnings per share (EPS) for the quarter. Capita had a negative return on equity of 28.00% and a negative net margin of 1.64%.

Insiders Place Their Bets

In other Capita news, insider Nneka Abulokwe bought 71,896 shares of Capita stock in a transaction dated Thursday, March 13th. The stock was bought at an average price of GBX 14 ($0.18) per share, for a total transaction of £10,065.44 ($12,812.42). Corporate insiders own 4.59% of the company's stock.

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.