Capita (LON:CPI) Trading Down 9.1% – Here’s What Happened

Capita plc (LON:CPI)’s stock price traded down 9.1% during mid-day trading on Tuesday . The company traded as low as GBX 15.80 ($0.20) and last traded at GBX 15.86 ($0.20). 8,658,803 shares traded hands during trading, an increase of 5% from the average session volume of 8,273,453 shares. The stock had previously closed at GBX 17.44 ($0.22).

Analysts Set New Price Targets

Separately, Shore Capital restated a “hold” rating on shares of Capita in a research note on Tuesday, December 10th.

Capita Trading Down 5.1 %

The firm has a market cap of £234.59 million, a P/E ratio of -694.05, a price-to-earnings-growth ratio of 0.18 and a beta of 1.95. The business’s fifty day moving average is GBX 18.32 and its 200-day moving average is GBX 17.69. The company has a debt-to-equity ratio of 304.05, a quick ratio of 0.53 and a current ratio of 0.53.

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.