Compass Group (OTCMKTS:CMPGY) Shares Gap Up – Should You Buy?

Compass Group PLC (OTCMKTS:CMPGY) shares gapped up prior to trading on Thursday. The stock had previously closed at $30.92, but opened at $32.45. Compass Group shares last traded at $32.51, with a volume of 49,408 shares.

Analyst Ratings Changes

Separately, Compass Point set a $36.00 price objective on Compass Group in a research note on Thursday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Strong Buy” and an average price target of $36.00.

Compass Group Stock Performance

The stock’s 50 day moving average is $30.84 and its 200 day moving average is $30.99. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.63 and a current ratio of 0.70.

Compass Group Company Profile

Compass Group plc is a United Kingdom-based provider of foodservice and support services. The company designs, prepares and serves meals and refreshments for organizations and institutions, while also offering related services such as facilities management, workplace hospitality, vending and catering support.

Compass Group serves a broad range of markets, including business and industry, healthcare, education, sports and leisure venues, defense, and remote or offshore locations. Its operations are conducted through a portfolio of regional and sector-focused brands, including Eurest, Chartwells, Levy, Restaurant Associates, Bon Appétit and Medirest.

The company traces its origins to 1941, when it was established as Factory Canteens in the United Kingdom.