Compass Group PLC (OTCMKTS:CMPGY) Short Interest Update

Compass Group PLC (OTCMKTS:CMPGY) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 15,708 shares, a drop of 86.7% from the August 15th total of 117,851 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 417,317 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Compass Point set a $36.00 price target on Compass Group in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy” and a consensus price target of $36.00.

Compass Group Stock Up 0.1%

Shares of OTCMKTS CMPGY opened at $30.89 on Friday. Compass Group has a 52-week low of $26.95 and a 52-week high of $35.94. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 0.86. The firm’s fifty day moving average is $31.55 and its two-hundred day moving average is $30.89.

About Compass Group

Compass Group plc is a United Kingdom-based provider of food services and support services. The company designs, manages and delivers dining programs for organizations and institutions, including contract catering, workplace dining, food and beverage services, and hospitality operations.

Its services are provided across multiple end markets, including business and industry, healthcare, education, sports and leisure, defense, and remote-site operations. Compass Group serves clients through brands and operating businesses such as Eurest, Chartwells, Canteen, Levy and Restaurant Associates, offering services that range from everyday meal programs to event catering and facility-support solutions.

Founded in the United Kingdom in 1941, Compass Group has expanded into an international business serving customers across North America, Europe, Asia-Pacific and other global markets.