John Cote Purchases 5,800 Shares of Composecure (NYSE:GPGI) Stock

Composecure, Inc. (NYSE:GPGI) Director John Cote purchased 5,800 shares of Composecure stock in a transaction dated Tuesday, March 17th. The stock was bought at an average cost of $17.10 per share, with a total value of $99,180.00. Following the completion of the purchase, the director owned 5,800 shares in the company, valued at approximately $99,180. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

Composecure Stock Up 4.7%

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

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on Composecure in a report on Monday. They set a “sell (d-)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus 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.