Cooper-Standard Holdings Inc. (NYSE:CPS - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $14.41 and traded as low as $11.61. Cooper-Standard shares last traded at $11.89, with a volume of 192,759 shares traded.
Wall Street Analyst Weigh In
Several research analysts have weighed in on CPS shares. StockNews.com upgraded Cooper-Standard from a "hold" rating to a "buy" rating in a report on Saturday, February 22nd. Citigroup began coverage on Cooper-Standard in a research report on Wednesday. They set a "neutral" rating and a $12.00 target price on the stock.
Check Out Our Latest Analysis on Cooper-Standard
Cooper-Standard Stock Up 5.7 %
The stock's 50 day simple moving average is $14.12 and its two-hundred day simple moving average is $14.38. The company has a market cap of $245.35 million, a PE ratio of -3.12 and a beta of 2.55.
Cooper-Standard (NYSE:CPS - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The auto parts company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.22).
Insider Buying and Selling
In other news, Director David John Mastrocola purchased 3,000 shares of the stock in a transaction dated Wednesday, February 19th. The stock was acquired at an average cost of $15.27 per share, for a total transaction of $45,810.00. Following the acquisition, the director now owns 11,115 shares of the company's stock, valued at $169,726.05. The trade was a 36.97 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 8.80% of the company's stock.
Hedge Funds Weigh In On Cooper-Standard
Hedge funds have recently added to or reduced their stakes in the business. Quantbot Technologies LP acquired a new stake in shares of Cooper-Standard during the 4th quarter worth approximately $48,000. National Bank of Canada FI acquired a new position in shares of Cooper-Standard during the fourth quarter worth approximately $54,000. Harbor Capital Advisors Inc. bought a new position in Cooper-Standard in the 1st quarter worth approximately $74,000. Quarry LP acquired a new stake in Cooper-Standard in the 4th quarter valued at approximately $79,000. Finally, SG Americas Securities LLC acquired a new position in Cooper-Standard during the 4th quarter worth $107,000. Institutional investors and hedge funds 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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