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

Compass Group PLC (OTCMKTS:CMPGYGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 1,739,279 shares traded hands during mid-day trading, an increase of 229% from the previous session’s volume of 529,399 shares.The stock last traded at $29.00 and had previously closed at $28.05.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Analysis on CMPGY

Compass Group Stock Performance

The business’s 50 day moving average price is $30.60 and its 200-day moving average price is $32.68. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.65 and a current ratio of 0.73.

About Compass Group

(Get Free Report)

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.

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