Capita (LON:CPI) Shares Pass Below 200 Day Moving Average of $17.89

Capita plc (LON:CPI - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 17.89 ($0.22) and traded as low as GBX 13.24 ($0.16). Capita shares last traded at GBX 13.24 ($0.16), with a volume of 4,411,772 shares traded.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CPI. Royal Bank of Canada reduced their price target on Capita to GBX 1,800 ($22.23) and set a "sector perform" rating for the company in a report on Tuesday, March 12th. Shore Capital restated a "buy" rating on shares of Capita in a report on Wednesday, March 13th.

Capita Trading Up 1.7 %

The company has a debt-to-equity ratio of 628.81, a current ratio of 0.49 and a quick ratio of 0.53. The business's 50-day moving average price is GBX 15.31 and its two-hundred day moving average price is GBX 17.89. The company has a market capitalization of £227.47 million, a price-to-earnings ratio of -134.66, a P/E/G ratio of 0.18 and a beta of 1.83.

Insider Activity

In other Capita news, insider Nneka Abulokwe purchased 74,324 shares of the company's stock in a transaction dated Wednesday, March 20th. The stock was bought at an average cost of GBX 13 ($0.16) per share, for a total transaction of £9,662.12 ($11,934.44). In other news, insider Nneka Abulokwe acquired 74,324 shares of the stock in a transaction on Wednesday, March 20th. The stock was acquired at an average cost of GBX 13 ($0.16) per share, for a total transaction of £9,662.12 ($11,934.44). Also, insider Adolfo Hernandez acquired 325,000 shares of the stock in a transaction on Wednesday, March 6th. The shares were purchased at an average price of GBX 16 ($0.20) per share, with a total value of £52,000 ($64,229.25). Over the last ninety days, insiders acquired 651,535 shares of company stock worth $9,701,080. Corporate insiders own 3.78% 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.