Compass Group (OTCMKTS:CMPGY) Hits New 52-Week Low – Should You Sell?

Compass Group PLC (OTCMKTS:CMPGY)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $29.65 and last traded at $29.76, with a volume of 17409 shares traded. The stock had previously closed at $30.59.

Analyst Ratings Changes

A number of analysts have commented on the company. Royal Bank Of Canada raised Compass Group from a “sector perform” rating to an “outperform” rating in a report on Monday, December 1st. The Goldman Sachs Group upgraded shares of Compass Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Compass Group in a report on Friday, November 28th. Finally, Citigroup raised shares of Compass Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 27th. Two analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

Compass Group Stock Performance

The company’s fifty day moving average is $31.24 and its two-hundred day moving average is $33.22. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.73 and a quick ratio of 0.65.

Compass Group Company Profile

Compass Group is a UK-based multinational company that specializes in contract foodservice and support services for corporate, education, healthcare, sports and leisure, defense, and remote-site clients. The company delivers on-site catering, concession and hospitality services, vending, and retail food offerings, drawing on a portfolio of operating units and local brands to tailor services to client needs. Its business model focuses on delivering food and related services under long-term contracts for institutions and organizations rather than direct retail food sales.

Beyond core catering, Compass Group offers a range of integrated support services including facilities management, cleaning, waste management, catering technology, and workforce management solutions.