Compass Group (OTCMKTS:CMPGY) Sees Unusually-High Trading Volume – Should You Buy?

Compass Group PLC (OTCMKTS:CMPGY) shares saw strong trading volume on Tuesday . 1,739,279 shares traded hands during trading, an increase of 229% from the previous session’s volume of 529,399 shares.The stock last traded at $29.00 and had previously closed at $28.05.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Royal Bank Of Canada upgraded shares of Compass Group from a “sector perform” rating to an “outperform” rating in a report on Monday, December 1st. The Goldman Sachs Group upgraded Compass Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Compass Group in a research note on Friday, November 28th. Finally, Citigroup upgraded Compass Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 27th. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. Based on data from MarketBeat, Compass Group presently has a consensus rating of “Strong Buy”.

Compass Group Stock Performance

The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.65 and a current ratio of 0.73. The stock has a 50-day moving average price of $30.71 and a two-hundred day moving average price of $32.77.

Compass Group Company Profile

Compass Group is a UK-based multinational company that specializes in contract foodservice and support services for corporate, education, healthcare, sports and leisure, defense, and remote-site clients. The company delivers on-site catering, concession and hospitality services, vending, and retail food offerings, drawing on a portfolio of operating units and local brands to tailor services to client needs. Its business model focuses on delivering food and related services under long-term contracts for institutions and organizations rather than direct retail food sales.

Beyond core catering, Compass Group offers a range of integrated support services including facilities management, cleaning, waste management, catering technology, and workforce management solutions.