Capita (LON:CPI) Stock Crosses Above 200 Day Moving Average of $15.79

Capita plc (LON:CPI) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 15.79 ($0.21) and traded as high as GBX 19.42 ($0.25). Capita shares last traded at GBX 18.92 ($0.25), with a volume of 4,208,672 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CPI shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 35 ($0.45) price objective on shares of Capita in a report on Tuesday, May 7th. Shore Capital reiterated a “buy” rating on shares of Capita in a research note on Wednesday, August 7th. Finally, Royal Bank of Canada boosted their target price on Capita from GBX 1,800 ($23.39) to GBX 2,200 ($28.59) and gave the stock a “sector perform” rating in a research note on Thursday, July 18th.

Capita Stock Up 0.2 %

The stock has a 50 day moving average price of GBX 17.33 and a 200 day moving average price of GBX 15.78. The company has a debt-to-equity ratio of 304.05, a quick ratio of 0.53 and a current ratio of 0.53. The company has a market capitalization of £320.42 million, a P/E ratio of -948.00, a PEG ratio of 0.18 and a beta of 1.94.

About Capita

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.