Compass Inc (NYSE:COMP) shares traded 2.96% higher at $5.56 on Wall Street last session.
COMP stock price is now -3.86% away from the 50-day moving average and 30.27% away from the 200-day moving average. The market capitalization of the company currently stands at $2.92B.
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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, SVF Excalibur (Cayman) Ltd, 10% Owner sold 7,500,000 shares of the company’s stock on Sep 13 ’24. The stock was sold for $46,800,000 at an average price of $6.24. Upon completion of the transaction, the 10% Owner now directly owns 68,070,273 shares in the company, valued at $378.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 13 ’24, Director Thomas-Graham Pamela sold 8,111 shares of the business’s stock. A total of $48,919 was realized by selling the stock at an average price of $6.03. This leaves the insider owning 102,801 shares of the company worth $0.57 million. A total of 19.38% 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 $6.78. 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 $5.7834 and a two-hundred day moving average price translates $4.26795 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.
