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An update from Capita plc ( (GB:CPI) ) is now available.
Capita plc has announced the approval of a Share Consolidation Resolution at its Annual General Meeting, leading to the issuance of 113,959,758 new ordinary shares. These shares will begin trading on the London Stock Exchange on April 29, 2025. This move is expected to streamline the company’s share capital structure, potentially enhancing its market position and providing clarity on voting rights for stakeholders.
Spark’s Take on GB:CPI Stock
According to Spark, TipRanks’ AI Analyst, GB:CPI is a Neutral.
Capita plc’s stock score reflects a challenging financial position, marked by declining revenue and negative cash flows, but it is partially offset by positive corporate events and attractive valuation metrics. While the company faces high leverage and liquidity risks, recent insider transactions and contract wins provide optimism for future improvement.
To see Spark’s full report on GB:CPI stock, click here.
More about Capita plc
Capita plc is a modern outsourcing company that assists clients in both the public and private sectors to manage complex business processes more efficiently, enhancing consumer experiences. With operations across eight countries, Capita’s 34,000 employees primarily support UK and European clients, offering people-based services powered by advanced technology. The company plays a significant role in society, impacting the lives of millions daily.
YTD Price Performance: -9.99%
Average Trading Volume: 5,957,779
Technical Sentiment Signal: Buy
Current Market Cap: £213.2M
Learn more about CPI stock on TipRanks’ Stock Analysis page.