Compass Diversified Holdings (NYSE:CODI - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.20 and traded as high as $11.14. Compass Diversified shares last traded at $10.9780, with a volume of 416,378 shares.
Analyst Ratings Changes
A number of analysts have issued reports on CODI shares. TD Cowen reaffirmed a "buy" rating and issued a $12.50 target price on shares of Compass Diversified in a report on Thursday, July 16th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Compass Diversified in a report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $12.67.
View Our Latest Stock Analysis on Compass Diversified
Compass Diversified Trading Up 1.9%
The company has a current ratio of 2.67, a quick ratio of 1.56 and a debt-to-equity ratio of 34.60. The stock has a market cap of $825.98 million, a P/E ratio of -2.81 and a beta of 1.27. The business's fifty day simple moving average is $10.35 and its 200 day simple moving average is $9.20.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in CODI. Western Standard LLC bought a new position in shares of Compass Diversified in the fourth quarter worth $5,592,000. Oak Family Advisors LLC bought a new position in shares of Compass Diversified during the first quarter valued at about $1,372,000. North Star Investment Management Corp. lifted its stake in shares of Compass Diversified by 20,678.0% in the 1st quarter. North Star Investment Management Corp. now owns 61,295 shares of the financial services provider's stock valued at $482,000 after acquiring an additional 61,000 shares during the last quarter. CenterBook Partners LP purchased a new stake in Compass Diversified during the 4th quarter valued at about $6,597,000. Finally, Saba Capital Management L.P. grew its position in Compass Diversified by 4.9% during the 1st quarter. Saba Capital Management L.P. now owns 429,259 shares of the financial services provider's stock worth $3,374,000 after acquiring an additional 20,000 shares during the last quarter. 72.73% of the stock is currently owned by institutional investors.
About Compass Diversified
(
Get Free Report)
Compass Diversified Holdings NYSE: CODI is a publicly traded private equity company headquartered in Bethesda, Maryland. The firm specializes in acquiring and managing middle-market businesses across a variety of industries, with a focus on driving operational performance and sustainable growth. As an externally managed entity, Compass Diversified leverages a disciplined investment approach to build a portfolio of market-leading companies that benefit from strategic oversight, capital support and shared best practices.
Compass Diversified's investment activities span five core sectors: branded consumer, consumer services, differentiated industrial products, value-added distribution and business services.
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