Compass Inc (NYSE:COMP) price on Wednesday, May 09, fall -3.53% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.28.
A look at the stock’s price movement, the close in the last trading session was $3.40. Turning to its 52-week performance, $4.49 and $1.82 were the 52-week high and 52-week low respectively. Overall, COMP moved -15.03% over the past month.
Compass Inc’s market cap currently stands at around $1.62 billion.
Analysts have a consensus estimate of 1.03B for the company’s revenue for the quarter, with a low and high estimate of 974.1M and 1.05B respectively. The average forecast suggests up to a 7.30% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 5.39B, representing a 10.40% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that COMP is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
COMP’s current price about -1.93% and -5.65% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.37, while 7-day volatility ratio is 4.94% and 5.68% in the 30-day chart. Further, Compass Inc (COMP) has a beta value of 2.88, and an average true range (ATR) of 0.20.
If we refocus on Compass Inc (NYSE:COMP), historical trading data shows that trading volumes averaged 4.65 million over the past 3 months. The company’s latest data on shares outstanding shows there are 465.63 million shares.
The 6.68% of Compass Inc’s shares are in the hands of company insiders while institutional holders own 37.20% of the company’s shares. Current price change has pushed the stock -12.77% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the COMP stock continues to rise going into the next quarter.