Compass Group (LON:CPG) Stock Price Crosses Below 200 Day Moving Average - Should You Sell?

Compass Group PLC (LON:CPG - Get Free Report)'s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,625.36 ($36.05) and traded as low as GBX 2,467 ($33.88). Compass Group shares last traded at GBX 2,467 ($33.88), with a volume of 2,226,104 shares.

Analyst Upgrades and Downgrades

Separately, Citigroup reduced their price objective on Compass Group from GBX 2,850 ($39.14) to GBX 2,700 ($37.08) and set a "neutral" rating for the company in a research note on Tuesday, April 15th.

Compass Group Trading Down 1.3%

The company's 50 day simple moving average is GBX 2,570.76 and its two-hundred day simple moving average is GBX 2,624. The company has a debt-to-equity ratio of 86.56, a quick ratio of 0.86 and a current ratio of 0.74. The stock has a market cap of £41.85 billion, a price-to-earnings ratio of 31.02, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81.

Compass Group Company Profile

Compass Group PLC is a world leading food service company, which generated annual revenues of £31.3 billion in the year to 30 September 2023. It serves meals to millions of people in c. 35 countries and employs and engages with c. 550,000 people. The Company specialises in providing food and a range of targeted support services across the core sectors of Business & Industry, Healthcare & Senior Living, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio.

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