CompoSecure Inc (NASDAQ:CMPO) price on Friday, June 13, fall -3.74% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $13.66.
A look at the stock’s price movement, the close in the last trading session was $14.19. Turning to its 52-week performance, $14.70 and $5.09 were the 52-week high and 52-week low respectively. Overall, CMPO moved 10.79% over the past month.
CompoSecure Inc’s market cap currently stands at around $1.40 billion, with investors looking forward to this quarter’s earnings report slated for in July.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 5 recommend CMPO as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CMPO’s current price about 1.80% and 14.37% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 60.08, while 7-day volatility ratio is 2.99% and 2.02% in the 30-day chart. Further, CompoSecure Inc (CMPO) has a beta value of 0.96, and an average true range (ATR) of 0.45. Analysts have given the company’s stock an average 52-week price target of $15, forecast between a low of $15 and high of $15. Looking at the price targets, the low is -9.81% off current price level while to achieve the yearly target high, price needs to move -9.81%. Nonetheless, investors will most likely welcome a -9.81% jump to $15 which is the analysts’ median price.
If we refocus on CompoSecure Inc (NASDAQ:CMPO), historical trading data shows that trading volumes averaged 796.30K over the past 3 months. The company’s latest data on shares outstanding shows there are 102.32 million shares.
The 57.61% of CompoSecure Inc’s shares are in the hands of company insiders while institutional holders own 59.23% of the company’s shares. Current price change has pushed the stock 7.36% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CMPO stock continues to rise going into the next quarter.
