Capita (LON:CPI) Share Price Passes Above Two Hundred Day Moving Average of $15.72

Capita plc (LON:CPI) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 15.72 ($0.21) and traded as high as GBX 18.90 ($0.25). Capita shares last traded at GBX 18.78 ($0.25), with a volume of 3,374,981 shares.

Analyst Ratings Changes

Several brokerages have weighed in on CPI. Royal Bank of Canada upped their target price on shares of Capita from GBX 1,800 ($23.78) to GBX 2,200 ($29.06) and gave the stock a “sector perform” rating in a research report on Thursday, July 18th. Shore Capital restated a “buy” rating on shares of Capita in a research report on Wednesday, August 7th.

Capita Stock Up 2.8 %

The company has a market cap of £330.23 million, a PE ratio of -946.00, a P/E/G ratio of 0.18 and a beta of 1.94. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 304.05. The firm’s fifty day simple moving average is GBX 18.70 and its 200-day simple moving average is GBX 15.74.

Capita Company Profile

Capita plc provides consulting, digital, and software products and services to clients in the private and public sectors in the United Kingdom and internationally. It operates in two divisions: Public Service and Capita Experience divisions. The company offers solutions for finance and accounting, procurement, property and infrastructure, travel and event, and workplace administration.