Compass Group (OTCMKTS:CMPGY) Reaches New 12-Month Low – Time to Sell?

Compass Group PLC (OTCMKTS:CMPGY) hit a new 52-week low during trading on Wednesday . The company traded as low as $29.86 and last traded at $29.89, with a volume of 752366 shares trading hands. The stock had previously closed at $30.20.

Wall Street Analyst Weigh In

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

Compass Group Price Performance

The business’s 50 day simple moving average is $31.59 and its two-hundred day simple moving average is $33.47. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.65 and a current ratio of 0.73.

Compass Group Company Profile

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.