Compass Group (LON:CPG) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Compass Group PLC (LON:CPG) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,337.25 ($29.43) and traded as high as GBX 2,634 ($33.16). Compass Group shares last traded at GBX 2,618.97 ($32.97), with a volume of 2,523,809 shares traded.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. boosted their price objective on Compass Group from GBX 2,600 ($32.73) to GBX 2,800 ($35.25) and gave the stock an “overweight” rating in a research note on Wednesday, September 11th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 2,600 ($32.73).

Compass Group Price Performance

The company has a debt-to-equity ratio of 89.31, a quick ratio of 0.86 and a current ratio of 0.78. The stock’s 50 day moving average is GBX 2,495.72 and its two-hundred day moving average is GBX 2,342.73. The stock has a market capitalization of £44.61 billion, a PE ratio of 3,439.47, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81.

Compass Group Company Profile

Compass Group PLC operates as a food and support services company in North America, Europe, and internationally. The company offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.