Compass Group PLC (OTCMKTS:CMPGY) Short Interest Up 24.6% in October

Posted by Doug Wharley on Nov 16th, 2024

Compass Group PLC (OTCMKTS:CMPGY – Get Free Report) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 76,900 shares, an increase of 24.6% from the October 15th total of 61,700 shares. Based on an average daily trading volume, of 222,600 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded shares of Compass Group to a “hold” rating in a report on Friday, October 11th.

Read Our Latest Report on Compass Group

Compass Group Trading Down 1.3 %

OTCMKTS CMPGY traded down $0.45 on Friday, hitting $33.09. 145,073 shares of the stock were exchanged, compared to its average volume of 169,838. The business’s fifty day moving average is $33.03 and its 200 day moving average is $30.67. Compass Group has a 52 week low of $25.02 and a 52 week high of $34.99. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.70 and a current ratio of 0.78.

Compass Group Company Profile

(Get Free Report)

Compass Group PLC operates as a food and support services company in North America, Europe, and internationally. The company offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.