Stocks of Compass Inc (NYSE:COMP) traded higher last session on Wall Street, unchanged to $5.59.
COMP stock price is now -13.55% away from the 50-day moving average and 12.53% away from the 200-day moving average. The market capitalization of the company currently stands at $2.85B.
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, Reffkin Robert L., Chairman and CEO sold 804,893 shares of the company’s stock on Jan 06 ’25. The stock was sold for $4,756,918 at an average price of $5.91. Upon completion of the transaction, the Chairman and CEO now directly owns 2,145,791 shares in the company, valued at $11.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 07 ’25, Chairman and CEO Reffkin Robert L. sold 4,730 shares of the business’s stock. A total of $27,913 was realized by selling the stock at an average price of $5.90. This leaves the insider owning 2,141,061 shares of the company worth $11.97 million. A total of 16.94% of the company’s stock is owned by insiders.
During the past 12 months, Compass Inc has had a low of $2.89 and a high of $7.69. As of last week, the company has a debt-to-equity ratio of 1.19, a current ratio of 0.92, and a quick ratio of 0.92. The fifty day moving average price for COMP is $6.4674 and a two-hundred day moving average price translates $4.95645 for the stock.
The latest earnings results from Compass Inc (NYSE: COMP) was released for 2024-09-30. The net profit margin was -3.70% and return on equity was -43.81% for COMP. The company reported revenue of $1.49 billion for the quarter, compared to $1.34 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.71 percent.
