Capita (LON:CPI) Share Price Passes Above 200-Day Moving Average – What’s Next?

Shares of Capita plc (LON:CPI) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 17.26 ($0.22) and traded as high as GBX 17.50 ($0.22). Capita shares last traded at GBX 17.10 ($0.22), with a volume of 4,175,585 shares.

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of Capita in a research report on Wednesday, August 7th.

Capita Price Performance

The stock’s 50-day moving average price is GBX 19.17 and its 200 day moving average price is GBX 17.26. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 304.05. The firm has a market capitalization of £291.86 million, a price-to-earnings ratio of -855.00, a PEG ratio of 0.18 and a beta of 1.95.

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.