Capita plc (LON:CPI) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 42.88 ($0.56) and traded as high as GBX 46.14 ($0.60). Capita shares last traded at GBX 45.57 ($0.60), with a volume of 2,788,814 shares traded.
CPI has been the subject of a number of research analyst reports. Barclays initiated coverage on Capita in a report on Tuesday, August 3rd. They issued an “overweight” rating and a GBX 80 ($1.05) target price for the company. Shore Capital restated a “hold” rating on shares of Capita in a report on Monday, June 21st. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of GBX 58 ($0.76).
The company has a debt-to-equity ratio of 459.23, a current ratio of 0.58 and a quick ratio of 0.54. The company has a fifty day moving average of GBX 48.27 and a 200-day moving average of GBX 42.90. The firm has a market capitalization of £796.24 million and a PE ratio of 2.84.
Capita plc provides consulting, digital, and software products and services to clients in the private and public sectors. It operates through six divisions: Software, People Solutions, Customer Management, Government Services, Technology Solutions, and Specialist Services. The company offers application software and other solutions, such as automation, critical communication system, finance and payment, management information system, workforce management, and education software products and services; and people solutions, including human resources advisory and digitally enabled services comprising learning, resourcing, pensions, and HR outsourcing services.
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