Zacks Research cut shares of Composecure (NYSE:GPGI – Free Report) from a strong-buy rating to a hold rating in a research note issued to investors on Tuesday,Zacks reports.
GPGI has been the subject of several other research reports. Wall Street Zen upgraded shares of Composecure from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Composecure in a research note on Tuesday, September 8th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Composecure has an average rating of “Reduce” and a consensus price target of $15.00.
Get Our Latest Stock Analysis on GPGI
Composecure Stock Up 9.7%
Shares of Composecure stock opened at $12.81 on Tuesday. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of -6.50 and a beta of 0.93. The stock’s 50-day simple moving average is $12.49 and its 200-day simple moving average is $13.91. Composecure has a 52 week low of $10.43 and a 52 week high of $26.50.
Composecure (NYSE:GPGI – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.03. On average, equities analysts expect that Composecure will post 0.93 earnings per share 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.
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