Capita (LON:CPI) Stock Price Crosses Below 200-Day Moving Average of $17.89

Capita plc (LON:CPI)’s stock price passed 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 trading hands.

Analyst Ratings Changes

CPI has been the topic of several research analyst reports. Shore Capital reaffirmed a “buy” rating on shares of Capita in a research report on Wednesday, March 13th. Royal Bank of Canada cut their target price on shares of Capita to GBX 1,800 ($22.23) and set a “sector perform” rating for the company in a research note on Tuesday, March 12th.

Capita Stock Down 1.5 %

The business’s fifty day simple moving average is GBX 15.14 and its 200 day simple moving average is GBX 17.83. The company has a current ratio of 0.49, a quick ratio of 0.53 and a debt-to-equity ratio of 628.81. The stock has a market cap of £224.09 million, a price-to-earnings ratio of -132.60, a price-to-earnings-growth ratio of 0.18 and a beta of 1.83.

Insider Activity at Capita

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

Capita Company Profile

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.