In a filing, Compass Inc revealed its 10% Owner SVF Excalibur (Cayman) Ltd unloaded Company’s shares for reported $36.6 million on Jan 09 ’24. In the deal valued at $3.66 per share,10,000,000 shares were sold. As a result of this transaction, SVF Excalibur (Cayman) Ltd now holds 92,470,273 shares worth roughly $311.62 million.
Then, SVF Excalibur (Cayman) Ltd sold 14,895,000 shares, generating $39,620,700 in total proceeds. Upon selling the shares at $2.66, the 10% Owner now owns 102,470,273 shares.
Before that, Hart Gregory M. sold 24,604 shares. Compass Inc shares valued at $58,843 were divested by the Chief Operating Officer at a price of $2.39 per share. As a result of the transaction, Hart Gregory M. now holds 872,199 shares, worth roughly $2.94 million.
Gordon Haskett downgraded its Compass Inc [COMP] rating to an Underperform from a a Hold in a research note published on February 21, 2024; the price target was decreased to $2.25 from $2.75. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in late November with a ‘”a Hold”‘ rating. Needham maintained its rating on July 24, 2023. It rated COMP as “a Buy”.
Price Performance Review of COMP
On Friday, Compass Inc [NYSE:COMP] saw its stock jump 6.31% to $3.37. Over the last five days, the stock has gained 2.12%. Compass Inc shares have fallen nearly -10.37% since the year began. Nevertheless, the stocks have risen 56.02% over the past one year. While a 52-week high of $4.49 was reached on 02/29/24, a 52-week low of $1.82 was recorded on 03/15/24. SMA at 50 days reached $3.47, while 200 days put it at $3.18. A total of 5.22 million shares were traded, compared to the trading of 2.99 million shares in the previous session.
Levels Of Support And Resistance For COMP Stock
The 24-hour chart illustrates a support level at 3.27, which if violated will result in even more drops to 3.18. On the upside, there is a resistance level at 3.47. A further resistance level may holdings at 3.57. The Relative Strength Index (RSI) on the 14-day chart is 49.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.29%. Stochastics %K at 34.02% indicates the stock is a holding.
