Zacks Investment Research Lowers Capita Plc (CTAGY) to Sell

Capita Plc (NASDAQ:CTAGY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

According to Zacks, “Capita plc provides customer, business and professional support services to private and public organizations. It offers business process management, consultancy and change management, corporate and administration, customer management, debt, digital and software, financial, HR and recruitment, information technology, legal, property and infrastructure, and travel and events. The company serves banking and financial services, local and central government, defense, education, emergency services, health, police and justice, insurance, life and pensions, retail, telecom and media, transport and utilities sectors. Capita plc is based in London, United Kingdom. “

Capita Plc (NASDAQ:CTAGY) traded up 2.91% on Thursday, reaching $28.27. 504 shares of the company traded hands. The stock has a 50-day moving average of $27.64 and a 200 day moving average of $28.26. The company has a market capitalization of $4.71 billion and a PE ratio of 100.96. Capita Plc has a 52-week low of $23.12 and a 52-week high of $64.12.

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