Compass Group (OTCMKTS:CMPGY) Sees Unusually-High Trading Volume – Still a Buy?

Compass Group PLC (OTCMKTS:CMPGY) shares saw an uptick in trading volume on Monday . 826,480 shares changed hands during trading, an increase of 172% from the previous session’s volume of 303,815 shares.The stock last traded at $31.2720 and had previously closed at $31.58.

Wall Street Analyst Weigh In

CMPGY has been the topic of several recent research reports. The Goldman Sachs Group upgraded shares of Compass Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 11th. Royal Bank Of Canada upgraded shares of Compass Group from a “sector perform” rating to an “outperform” rating in a research report on Monday, December 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Compass Group in a research note on Friday, November 28th. Finally, Citigroup upgraded shares of Compass Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 27th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Strong Buy”.

Compass Group Stock Performance

The business has a fifty day moving average price of $33.36 and a 200 day moving average price of $34.26. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.67.

About Compass Group

Compass Group PLC operates as a food and support services company in North America, Europe, and internationally. The company offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.