Compass Group (OTCMKTS:CMPGY) Hits New 1-Year High – Still a Buy?

Compass Group PLC (OTCMKTS:CMPGY)’s stock price hit a new 52-week high on Monday. The company traded as high as $34.53 and last traded at $34.3730, with a volume of 39,786 shares trading hands. The stock had previously closed at $33.90.

Analysts Set New Price Targets

Separately, Compass Point set a $36.00 target price on shares of Compass Group in a research note on Thursday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Strong Buy” and an average price target of $36.00.

Compass Group Price Performance

The company has a debt-to-equity ratio of 0.86, a current ratio of 0.70 and a quick ratio of 0.63. The firm’s fifty day moving average price is $31.18 and its 200-day moving average price is $30.81.

About Compass Group

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.