Capita (LON:CPI) Stock Passes Above Two Hundred Day Moving Average of $15.82

Capita plc (LON:CPI - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 15.82 ($0.21) and traded as high as GBX 20.15 ($0.27). Capita shares last traded at GBX 19.94 ($0.27), with a volume of 5,160,596 shares trading hands.

Analyst Ratings Changes

CPI has been the subject of several recent analyst reports. Royal Bank of Canada raised their price objective on shares of Capita from GBX 1,800 ($24.10) to GBX 2,200 ($29.46) and gave the stock a "sector perform" rating in a research report on Thursday, July 18th. Shore Capital reiterated a "buy" rating on shares of Capita in a research report on Wednesday, August 7th.

Capita Price Performance

The company has a market capitalization of £336.99 million, a PE ratio of -997.00, a price-to-earnings-growth ratio of 0.18 and a beta of 1.94. The company has a debt-to-equity ratio of 304.05, a current ratio of 0.53 and a quick ratio of 0.53. The stock's 50 day simple moving average is GBX 18.55 and its 200-day simple moving average is GBX 15.85.

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.