The trading price of Cooper-Standard Holdings Inc (NYSE:CPS) closed higher on Monday, May 05, and closing at $23.23, 6.17% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $22.20 and a 52-week low of $10.38. Over the past month, the stock has gained 66.28% in value.
Cooper-Standard Holdings Inc, whose market valuation is $407.64 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest CPS has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned CPS a recommendation rating is 1. Out of them, 1 rate it a Hold, while 0 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Cooper-Standard Holdings Inc (CPS) as Underweight, while 0 advise Sell. Analysts have rated the stock Hold, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that CPS’s price is currently 66.57% off the SMA20 and 59.72% off the SMA50. The RSI metric on the 14-day chart is currently showing 81.39, and weekly volatility stands at 11.72%. When measured over the past 30 days, the indicator reaches 10.41%. Cooper-Standard Holdings Inc (NYSE:CPS)’s beta value is currently sitting at 2.73, while the Average True Range indicator is currently displaying 1.48.
To see how Cooper-Standard Holdings Inc stock has been performing in comparison to its peers in the industry, here are the numbers: CPS stock’s performance was 6.17% in the latest trading, and 50.94% in the past year.
An evaluation of the daily trading volume of Cooper-Standard Holdings Inc (NYSE:CPS) indicates that the 3-month average is 376.39K.
Currently, records show that 17.55 million of the company’s shares remain outstanding. The insiders hold 4.80% of outstanding shares, whereasinstitutions hold 53.22%. However, since the stock’s price has seen 71.31% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
