Consumer Portfolio Services (NASDAQ:CPSS) Stock Price Crosses Above Two Hundred Day Moving Average of $8.88

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $8.88 and traded as high as $8.98. Consumer Portfolio Services shares last traded at $8.78, with a volume of 30,769 shares changing hands.

Consumer Portfolio Services Price Performance

The company has a debt-to-equity ratio of 8.49, a quick ratio of 9.69 and a current ratio of 9.69. The company has a market cap of $188.27 million, a price-to-earnings ratio of 4.98 and a beta of 2.02. The business has a fifty day moving average price of $8.31 and a 200 day moving average price of $8.87.

Consumer Portfolio Services (NASDAQ:CPSS) last issued its earnings results on Friday, March 15th. The credit services provider reported $0.29 EPS for the quarter. The firm had revenue of $91.98 million during the quarter. Consumer Portfolio Services had a return on equity of 17.46% and a net margin of 12.88%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CPSS. BNP Paribas Financial Markets increased its holdings in Consumer Portfolio Services by 229.7% in the 1st quarter. BNP Paribas Financial Markets now owns 9,051 shares of the credit services provider’s stock worth $68,000 after purchasing an additional 6,306 shares in the last quarter. WINTON GROUP Ltd acquired a new position in shares of Consumer Portfolio Services in the third quarter valued at approximately $190,000. Janney Montgomery Scott LLC raised its holdings in Consumer Portfolio Services by 10.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 38,940 shares of the credit services provider’s stock valued at $353,000 after buying an additional 3,802 shares during the last quarter. HighPoint Advisor Group LLC acquired a new stake in Consumer Portfolio Services during the 4th quarter worth approximately $766,000. Finally, Russell Investments Group Ltd. grew its holdings in Consumer Portfolio Services by 1.6% during the 4th quarter. Russell Investments Group Ltd. now owns 113,408 shares of the credit services provider’s stock worth $1,063,000 after acquiring an additional 1,757 shares during the last quarter. 47.57% of the stock is currently owned by institutional investors.

Consumer Portfolio Services Company Profile

Consumer Portfolio Services, Inc operates as a specialty finance company in the United States. It is involved in the purchase and service of retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans.