The price of Compass Inc (NYSE:COMP) shares last traded on Wall Street rose 7.05% to $6.38.
COMP stock price is now 37.38% away from the 50-day moving average and 68.93% away from the 200-day moving average. The market capitalization of the company currently stands at $3.35B.
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With the price target enhanced from $3 to $3.75, Gordon Haskett Upgraded its rating from Underperform to Hold for Compass Inc (NYSE: COMP). On February 21, 2024, Gordon Haskett Downgraded its previous ‘Hold’ rating to ‘Underperform’ on the stock reducing its target price from $2.75 to quote $2.25, while ‘Deutsche Bank’ rates the stock as ‘Hold’
In other news, PAMELA THOMAS-GRAHAM, Director bought 8,811 shares of the company’s stock on Sep 12 ’24. The stock was bought for $52,778 at an average price of $5.99. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 09 ’24, Chairman and CEO Reffkin Robert L. sold 705,083 shares of the business’s stock. A total of $4,177,053 was realized by selling the stock at an average price of $5.92. This leaves the insider owning 239,219 shares of the company worth $1.53 million. A total of 21.93% of the company’s stock is owned by insiders.
During the past 12 months, Compass Inc has had a low of $1.82 and a high of $6.05. As of last week, the company has a debt-to-equity ratio of 1.32, a current ratio of 0.83, and a quick ratio of 0.83. The fifty day moving average price for COMP is $4.7014 and a two-hundred day moving average price translates $3.7978 for the stock.
The latest earnings results from Compass Inc (NYSE: COMP) was released for 2024-06-30. The net profit margin was -4.54% and return on equity was -55.63% for COMP. The company reported revenue of $1.7 billion for the quarter, compared to $1.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.83 percent.
