Compass Group (OTCMKTS:CMPGY) Sees Strong Trading Volume – Here’s What Happened

Compass Group PLC (OTCMKTS:CMPGY – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 861,785 shares changed hands during mid-day trading, an increase of 107% from the previous session’s volume of 415,820 shares.The stock last traded at $30.93 and had previously closed at $30.85.

Analyst Ratings Changes

Separately, Compass Point set a $36.00 target price on Compass Group in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to MarketBeat, Compass Group currently has an average rating of “Strong Buy” and an average target price of $36.00.

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Compass Group Stock Up 0.1%

The business’s 50-day simple moving average is $31.55 and its two-hundred day simple moving average is $30.89. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.63 and a current ratio of 0.70.

Compass Group Company Profile

(Get Free Report)

Compass Group plc is a United Kingdom-based provider of food services and support services. The company designs, manages and delivers dining programs for organizations and institutions, including contract catering, workplace dining, food and beverage services, and hospitality operations.

Its services are provided across multiple end markets, including business and industry, healthcare, education, sports and leisure, defense, and remote-site operations. Compass Group serves clients through brands and operating businesses such as Eurest, Chartwells, Canteen, Levy and Restaurant Associates, offering services that range from everyday meal programs to event catering and facility-support solutions.

Founded in the United Kingdom in 1941, Compass Group has expanded into an international business serving customers across North America, Europe, Asia-Pacific and other global markets.

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