Compass Group (OTCMKTS:CMPGY) Sets New 12-Month Low - Here's Why

Key Points

• Shares hit a new 52-week low: Compass Group (OTCMKTS:CMPGY) fell to $27.2805 mid-day (last $27.30) on Friday with 5,157 shares traded, down about 1.6% from the prior close of $28.99.
• Analysts have recently upgraded the stock: Deutsche Bank reissued a "buy," Royal Bank of Canada raised to "outperform," and Citigroup upgraded to "strong-buy," leaving an average MarketBeat rating of "Strong Buy" (two Strong Buy, two Buy).
• Technical and liquidity indicators are weak: The stock trades below its 50‑day ($29.65) and 200‑day ($31.81) moving averages, with a debt-to-equity ratio of 0.72 and a quick ratio of 0.65.

Shares of Compass Group PLC (OTCMKTS:CMPGY - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $27.2805 and last traded at $27.30, with a volume of 5157 shares. The stock had previously closed at $28.99.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Compass Group in a report on Friday, November 28th. Royal Bank Of Canada upgraded Compass Group from a "sector perform" rating to an "outperform" rating in a research report on Monday, December 1st. Finally, Citigroup upgraded Compass Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, November 27th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Strong Buy".

Compass Group Stock Down 1.6%

The stock's 50 day moving average is $29.65 and its two-hundred day moving average is $31.81. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.65 and a current ratio of 0.73.

About Compass Group

Compass Group is a UK-based multinational company that specializes in contract foodservice and support services for corporate, education, healthcare, sports and leisure, defense, and remote-site clients. The company delivers on-site catering, concession and hospitality services, vending, and retail food offerings, drawing on a portfolio of operating units and local brands to tailor services to client needs. Its business model focuses on delivering food and related services under long-term contracts for institutions and organizations rather than direct retail food sales.

Beyond core catering, Compass Group offers a range of integrated support services including facilities management, cleaning, waste management, catering technology, and workforce management solutions.

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