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

Capita plc (LON:CPIGet Free Report)’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.

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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

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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.

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