Capita PLC (LON:CPI) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $119.24 and traded as high as $148.05. Capita shares last traded at $146.15, with a volume of 3,909,121 shares changing hands.
CPI has been the topic of several research analyst reports. Goldman Sachs Group raised shares of Capita to a “buy” rating in a research note on Tuesday, September 3rd. JPMorgan Chase & Co. decreased their price target on shares of Capita from GBX 150 ($1.96) to GBX 140 ($1.83) and set a “neutral” rating on the stock in a research note on Thursday, August 15th. Numis Securities reissued a “buy” rating on shares of Capita in a research note on Monday, June 3rd. Peel Hunt reissued a “hold” rating on shares of Capita in a research note on Thursday, August 1st. Finally, Deutsche Bank reissued a “hold” rating on shares of Capita in a research note on Friday, August 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of GBX 155.29 ($2.03).
The company has a debt-to-equity ratio of 2,850.07, a current ratio of 0.64 and a quick ratio of 0.64. The company’s 50 day moving average price is GBX 128.19 and its 200 day moving average price is GBX 119.39. The firm has a market capitalization of $2.45 billion and a P/E ratio of 10.75.
Capita plc provides customer management, administration, and professional support services to clients in the private and public sectors. The company offers automation, business transformation, customer management, data and analytics, digital transformation, government, IT and networks, people, and software solutions and services, as well as specialist services, such as intelligent communications, financial, legal, travel and event, start-up development, property and infrastructure, procurement, and translation and interpreting, and workplace technology services.
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