Capita (LON:CPI) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Capita plc (LON:CPI) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 22.26 ($0.30) and traded as high as GBX 207.80 ($2.77). Capita shares last traded at GBX 204.80 ($2.73), with a volume of 407,572 shares trading hands.

Capita Stock Performance

The company has a 50 day moving average of GBX 34.52 and a two-hundred day moving average of GBX 22.26. The company has a debt-to-equity ratio of 291.56, a current ratio of 0.53 and a quick ratio of 0.53. The company has a market capitalization of £3.38 billion, a PE ratio of -82.87, a PEG ratio of 0.18 and a beta of 1.95.

Capita (LON:CPI) last posted its quarterly earnings data on Wednesday, March 5th. The company reported GBX 2.11 ($0.03) EPS for the quarter. Capita had a negative net margin of 1.64% and a negative return on equity of 28.00%.

Insiders Place Their Bets

In other news, insider Nneka Abulokwe purchased 71,896 shares of Capita stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average price of GBX 14 ($0.19) per share, with a total value of £10,065.44 ($13,440.30). Corporate insiders own 4.59% of the company’s stock.

Capita Company Profile

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.