Consumer Portfolio Services, Inc. (NASDAQ:CPSS)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.16 and traded as high as $4.18. Consumer Portfolio Services shares last traded at $4.11, with a volume of 6,097 shares traded.

Separately, Zacks Investment Research upgraded Consumer Portfolio Services from a “sell” rating to a “hold” rating in a research note on Wednesday, February 24th.

The firm has a market cap of $95.15 million, a PE ratio of 5.65 and a beta of 2.57. The firm’s fifty day simple moving average is $4.12 and its two-hundred day simple moving average is $4.16. The company has a quick ratio of 27.86, a current ratio of 27.86 and a debt-to-equity ratio of 16.33.

Consumer Portfolio Services (NASDAQ:CPSS) last issued its quarterly earnings results on Monday, February 22nd. The credit services provider reported $0.17 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.06). Consumer Portfolio Services had a return on equity of 6.06% and a net margin of 5.96%. The business had revenue of $62.43 million during the quarter, compared to analysts’ expectations of $67.83 million. As a group, analysts anticipate that Consumer Portfolio Services, Inc. will post 0.63 earnings per share for the current fiscal year.

In other news, Director Daniel S. Wood sold 17,000 shares of Consumer Portfolio Services stock in a transaction that occurred on Monday, March 8th. The shares were sold at an average price of $4.30, for a total transaction of $73,100.00. Following the sale, the director now owns 127,165 shares in the company, valued at $546,809.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 47.80% of the company’s stock.

An institutional investor recently raised its position in Consumer Portfolio Services stock. Renaissance Technologies LLC raised its position in shares of Consumer Portfolio Services, Inc. (NASDAQ:CPSS) by 18.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 496,458 shares of the credit services provider’s stock after buying an additional 78,700 shares during the quarter. Renaissance Technologies LLC owned about 2.20% of Consumer Portfolio Services worth $2,105,000 as of its most recent SEC filing. Institutional investors and hedge funds own 49.45% of the company’s stock.

About Consumer Portfolio Services (NASDAQ:CPSS)

Consumer Portfolio Services, Inc operates as a specialty finance company in the United States. It purchases and services retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company, through its automobile contract purchases, offers indirect financing to the customers of dealers with limited credit histories or past credit problems.

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