Compass Group (OTCMKTS:CMPGY) Sees Strong Trading Volume – Time to Buy?

Compass Group PLC (OTCMKTS:CMPGY) saw unusually-strong trading volume on Wednesday. Approximately 718,381 shares traded hands during trading, an increase of 82% from the previous session’s volume of 393,670 shares. The stock last traded at $33.3150 and had previously closed at $32.82.

Wall Street Analyst Weigh In

Separately, Compass Point set a $36.00 target price on Compass Group in a research report on Thursday, September 10th. Two 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 company presently has a consensus rating of “Strong Buy” and a consensus price target of $36.00.

Compass Group Price Performance

The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.63 and a current ratio of 0.70. The business’s 50-day moving average is $30.87 and its 200-day moving average is $31.18.

Compass Group Company Profile

Compass Group plc is a United Kingdom-based provider of food and support services. The company serves meals and manages dining operations for businesses, schools and universities, hospitals, sports and leisure venues, defense organizations, remote sites and other institutions. Its services may include catering, hospitality, food procurement, facilities management and related workplace support.

Compass operates through a portfolio of brands tailored to different customer sectors and markets.