Composecure, Inc. (NYSE:GPGI – Get Free Report) Director Rebecca Corbin Loree purchased 3,925 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average price of $12.87 per share, for a total transaction of $50,514.75. Following the acquisition, the director owned 63,220 shares of the company’s stock, valued at $813,641.40. This represents a 6.62% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
Composecure Trading Down 2.7%
NYSE:GPGI opened at $12.08 on Friday. The company has a market capitalization of $3.50 billion, a PE ratio of -5.03 and a beta of 0.98. The firm has a fifty day moving average of $16.03. Composecure, Inc. has a twelve month low of $12.01 and a twelve month high of $26.78.
Composecure (NYSE:GPGI – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.03. The business had revenue of $421.20 million for the quarter. Composecure had a negative net margin of 56.76% and a positive return on equity of 12.59%. During the same quarter last year, the firm earned $0.25 EPS.
Composecure Dividend Announcement
Analysts Set New Price Targets
GPGI has been the topic of several recent analyst reports. JPMorgan Chase & Co. cut their price target on shares of Composecure from $22.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday. Wall Street Zen cut shares of Composecure from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings started coverage on shares of Composecure in a report on Monday, March 16th. They issued a “sell (d-)” rating on the stock. Finally, Needham & Company LLC reissued a “buy” rating on shares of Composecure in a research report on Wednesday, March 25th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $15.00.
Check Out Our Latest Report on Composecure
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.
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