Composecure (NYSE:GPGI – Get Free Report) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Tuesday, Zacks reports.
A number of other analysts have also recently issued reports on GPGI. Wall Street Zen raised Composecure from a “strong sell” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings restated a “sell (d-)” rating on shares of Composecure in a research note on Tuesday, September 8th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $15.00.
Read Our Latest Analysis on GPGI
Composecure Price Performance
Shares of GPGI stock opened at $12.81 on Tuesday. The stock has a market capitalization of $3.71 billion, a price-to-earnings ratio of 16.69 and a beta of 0.93. The company’s fifty day simple moving average is $12.49 and its two-hundred day simple moving average is $13.91. Composecure has a 1 year low of $10.43 and a 1 year high of $26.50.
Composecure (NYSE:GPGI – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. Equities research analysts anticipate that Composecure will post 0.93 EPS for the current year.
Composecure Company Profile
CompoSecure, Inc designs and manufactures premium metal payment cards and related financial technology products. Its offerings are used by banks, credit-card issuers, fintech companies and other brands seeking to provide differentiated card experiences.
The company also develops Arculus, a digital asset security platform that includes a hardware wallet and related authentication technology. Arculus is designed to help users securely store and manage digital assets while supporting passwordless identity and access applications.
CompoSecure was founded in 2000 and is headquartered in Somerset, New Jersey.
Recommended Stories
- Five stocks we like better than Composecure
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for Composecure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Composecure and related companies with MarketBeat.com's FREE daily email newsletter.
