In the past week, COMP stock has gone up by 7.14%, with a monthly gain of 4.28% and a quarterly surge of 14.37%. The volatility ratio for the week is 5.38%, and the volatility levels for the last 30 days are 6.79% for Compass Inc The simple moving average for the past 20 days is 12.64% for COMP’s stock, with a 22.12% simple moving average for the past 200 days.
Is It Worth Investing in Compass Inc (NYSE: COMP) Right Now?
Moreover, the 36-month beta value for COMP is 2.87. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for COMP is 364.05M and currently, short sellers hold a 4.74% of that float. On April 09, 2024, COMP’s average trading volume was 4.97M shares.
COMP) stock’s latest price update
Compass Inc (NYSE: COMP)’s stock price has increased by 2.36 compared to its previous closing price of 3.81. However, the company has seen a 7.14% increase in its stock price over the last five trading sessions. Yahoo Finance reported 2024-04-04 that Mortgage rates in the US have come down from their highs of 8% in October 2023, but are beginning to slowly rise once again. With housing inventory remaining much lower than demand, the advent of buying a home can seem impossible for many Americans.
Analysts’ Opinion of COMP
Many brokerage firms have already submitted their reports for COMP stocks, with Gordon Haskett repeating the rating for COMP by listing it as a “Underperform.” The predicted price for COMP in the upcoming period, according to Gordon Haskett is $2.25 based on the research report published on February 21, 2024 of the current year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see COMP reach a price target of $2.70. The rating they have provided for COMP stocks is “Hold” according to the report published on November 21st, 2023.
Morgan Stanley gave a rating of “Equal-Weight” to COMP, setting the target price at $4 in the report published on July 24th of the previous year.
COMP Trading at 8.87% from the 50-Day Moving Average
After a stumble in the market that brought COMP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.14% of loss for the given period.
Volatility was left at 6.79%, however, over the last 30 days, the volatility rate increased by 5.38%, as shares surge +4.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.33% upper at present.
During the last 5 trading sessions, COMP rose by +7.14%, which changed the moving average for the period of 200-days by +22.64% in comparison to the 20-day moving average, which settled at $3.47. In addition, Compass Inc saw 3.72% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at COMP starting from SVF Excalibur (Cayman) Ltd, who sale 10,000,000 shares at the price of $3.66 back on Jan 09 ’24. After this action, SVF Excalibur (Cayman) Ltd now owns 92,470,273 shares of Compass Inc, valued at $36,600,000 using the latest closing price.
SVF Excalibur (Cayman) Ltd, the 10% Owner of Compass Inc, sale 14,895,000 shares at $2.66 during a trade that took place back on Dec 14 ’23, which means that SVF Excalibur (Cayman) Ltd is holding 102,470,273 shares at $39,620,700 based on the most recent closing price.
Stock Fundamentals for COMP
Current profitability levels for the company are sitting at:
- -0.06 for the present operating margin
- 0.16 for the gross margin
The net margin for Compass Inc stands at -0.07. The total capital return value is set at -0.35. Equity return is now at value -67.94, with -23.86 for asset returns.
Based on Compass Inc (COMP), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at -0.05. The debt to equity ratio resting at 1.25. The interest coverage ratio of the stock is -28.03.
Currently, EBITDA for the company is -189.4 million with net debt to EBITDA at -1.88. When we switch over and look at the enterprise to sales, we see a ratio of 0.44. The receivables turnover for the company is 80.61for trailing twelve months and the total asset turnover is 4.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.96.
Conclusion
To wrap up, the performance of Compass Inc (COMP) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
