Composecure (NYSE:GPGI) Insider Kurt Schoen Acquires 3,000 Shares

Composecure, Inc. (NYSE:GPGI) insider Kurt Schoen purchased 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was bought at an average cost of $17.00 per share, with a total value of $51,000.00. Following the completion of the purchase, the insider owned 3,000 shares of the company’s stock, valued at $51,000. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Composecure Stock Performance

Composecure stock traded up $0.81 during trading hours on Wednesday, hitting $18.09. 1,092,945 shares of the stock traded hands, compared to its average volume of 3,041,442. The stock has a market cap of $5.24 billion, a price-to-earnings ratio of -13.70 and a beta of 1.00. Composecure, Inc. has a one year low of $9.24 and a one year high of $26.78.

Composecure (NYSE:GPGI) last announced its earnings results on Thursday, March 12th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.05. Composecure had a positive return on equity of 211.60% and a negative net margin of 56.76%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on Composecure in a report on Monday. They issued a “sell (d-)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

About Composecure

CompoSecure, Inc manufactures and designs metal, plastic, composite ID, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which comprise the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile App to keep the Private Key in the Arculus Key card highly secure and store cryptocurrency and digital assets.