Cooper-Standard Holdings Inc. (NYSE:CPS - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.42 and traded as low as $13.00. Cooper-Standard shares last traded at $13.05, with a volume of 208,723 shares trading hands.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Cooper-Standard from a "hold" rating to a "buy" rating in a research report on Saturday, February 22nd.
Get Our Latest Analysis on CPS
Cooper-Standard Stock Down 2.9 %
The stock's 50-day moving average price is $14.72 and its 200 day moving average price is $14.42. The firm has a market cap of $226.05 million, a price-to-earnings ratio of -2.87 and a beta of 2.71.
Cooper-Standard (NYSE:CPS - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The auto parts company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.22).
Insiders Place Their Bets
In other news, Director David John Mastrocola bought 3,000 shares of the business's stock in a transaction dated Wednesday, February 19th. The stock was bought at an average price of $15.27 per share, for a total transaction of $45,810.00. Following the completion of the purchase, the director now owns 11,115 shares of the company's stock, valued at approximately $169,726.05. The trade was a 36.97 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 5.20% of the company's stock.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of CPS. US Bancorp DE bought a new position in shares of Cooper-Standard in the third quarter valued at approximately $33,000. Quantbot Technologies LP bought a new position in shares of Cooper-Standard in the fourth quarter valued at approximately $48,000. National Bank of Canada FI bought a new position in shares of Cooper-Standard in the fourth quarter valued at approximately $54,000. Quarry LP bought a new position in shares of Cooper-Standard in the fourth quarter valued at approximately $79,000. Finally, SG Americas Securities LLC bought a new position in shares of Cooper-Standard in the fourth quarter valued at approximately $107,000. Institutional investors own 69.11% of the company's stock.
About Cooper-Standard
(
Get Free Report)
Cooper-Standard Holdings Inc, through its subsidiary, Cooper-Standard Automotive Inc, manufactures and sells sealing, fuel and brake delivery, and fluid transfer systems in the United States, Mexico, China, Poland, Canada, Germany, France, and internationally. The company offers sealing systems, including dynamic seals, static seals, encapsulated glasses, textured surfaces with cloth appearance, obstacle detection sensor systems, FlushSeal systems, variable extrusions, specialty sealing products, stainless steel trims, and frameless systems.
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