Compass Group (OTCMKTS:CMPGY) Sees Large Volume Increase – Still a Buy?

Shares of Compass Group PLC (OTCMKTS:CMPGY) saw unusually-high trading volume on Monday . Approximately 826,480 shares traded hands during mid-day 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.

Analyst Upgrades and Downgrades

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

Compass Group Trading Down 0.7%

The business’s 50-day simple moving average is $33.24 and its 200 day simple moving average is $34.19. The company has a current ratio of 0.69, a quick ratio of 0.62 and a debt-to-equity ratio of 0.67.

Compass Group Company Profile

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.