Capita (LON:CPI) Trading Down 9.1% – Here’s What Happened

Capita plc (LON:CPI) was down 9.1% on Tuesday . The company traded as low as GBX 15.80 ($0.20) and last traded at GBX 15.86 ($0.20). Approximately 8,658,803 shares changed hands during trading, an increase of 5% from the average daily volume of 8,273,453 shares. The stock had previously closed at GBX 17.44 ($0.22).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “hold” rating on shares of Capita in a report on Tuesday, December 10th.

Capita Stock Down 5.1 %

The firm has a 50-day moving average price of GBX 18.32 and a two-hundred day moving average price of GBX 17.69. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 304.05. The company has a market capitalization of £234.59 million, a P/E ratio of -694.05, a PEG ratio of 0.18 and a beta of 1.95.

About Capita

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.