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Are Capita shares of interest...or not?

By Chris Bailey of Financial Orbit | Sunday 13 June 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

A couple of decades ago, many investors were amazed by the growth of Capita (CPI).  As it happens – after a bit of volatility in the first few years of this century – shares in the ‘international business process outsourcing and professional services company’ peaked out in 2015…and since then have fallen a mere ninety-five percent.  Still, at least Capita’s shares have risen a bit since October / November last year.  

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