Capita (LON:CPI) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Capita plc (LON:CPI) shares passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 286.37 and traded as low as GBX 222. Capita shares last traded at GBX 222, with a volume of 810,131 shares trading hands.

Analyst Upgrades and Downgrades

CPI has been the topic of a number of research reports. Peel Hunt restated a “buy” rating and set a GBX 311 price target on shares of Capita in a research report on Tuesday, August 4th. Berenberg Bank reduced their price objective on Capita from GBX 330 to GBX 270 and set a “hold” rating on the stock in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 260 price objective on shares of Capita in a research report on Wednesday, August 5th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a GBX 750 price objective on shares of Capita in a report on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Capita has an average rating of “Moderate Buy” and a consensus price target of GBX 408.20.

Capita Stock Performance

The company has a market cap of £265.91 million, a P/E ratio of -1.27, a price-to-earnings-growth ratio of 0.18 and a beta of 0.88. The company’s fifty day moving average is GBX 257.32 and its 200 day moving average is GBX 286.37. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 6,255.83.

Capita (LON:CPI) last posted its quarterly earnings results on Tuesday, August 4th. The company reported GBX 13.38 earnings per share for the quarter. Capita had a negative net margin of 10.32% and a negative return on equity of 677.10%.

About Capita

Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across 8 countries, Capita’s colleagues support primarily UK and European clients with people-based services underpinned by market-leading technology. We play an integral role in society – our work matters to the lives of the millions of people who rely on us every day.