. . . with the direction the stock price has been heading recently. Is it because of this . . . Moody's: Compass Diversified's Inability To Repay Amounts Under Revolver Prompts Downgrade (Dow Jones) and this . . . Moody's Downgrades Compass Diversified Holding's Liquidity Rating, But Affirms Other Ratings; Outlook Is Stable (Dow Jones)?
Maybe providing the complete data would be helpful.
Compass Diversified Holdings (NYSE: CODI) received a downgrade on its speculative grade liquidity rating from Moody’s. The rating dropped from ‘SGL-2′ to ‘SGL-3′ due to a recent acquisition which Compass paid for from its revolving credit facility. The company is expected to refinance the debt with longer term debt, and Moody’s said that it would likely revert to the higher rating if that happens. Compass owns a stable of nine companies and pays a very high dividend yield of 11.5%.