Consumer Portfolio Services, Inc. (NASDAQ:CPSS - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $9.08 and traded as high as $10.07. Consumer Portfolio Services shares last traded at $10.01, with a volume of 15,723 shares trading hands.
Consumer Portfolio Services Stock Performance
The company has a current ratio of 21.80, a quick ratio of 21.80 and a debt-to-equity ratio of 10.19. The firm has a 50-day moving average of $9.38 and a 200 day moving average of $9.08. The company has a market cap of $207.21 million, a P/E ratio of 9.27 and a beta of 2.01.
Consumer Portfolio Services (NASDAQ:CPSS - Get Free Report) last announced its quarterly earnings results on Tuesday, July 30th. The credit services provider reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $95.88 million for the quarter. Consumer Portfolio Services had a return on equity of 9.76% and a net margin of 7.22%. On average, analysts predict that Consumer Portfolio Services, Inc. will post 0.9 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Consumer Portfolio Services news, VP John Patrick Harton sold 10,000 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $9.00, for a total value of $90,000.00. Following the transaction, the vice president now owns 265,604 shares in the company, valued at approximately $2,390,436. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, VP April Crisp sold 5,000 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $9.65, for a total value of $48,250.00. Following the completion of the sale, the vice president now directly owns 17,212 shares of the company's stock, valued at $166,095.80. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP John Patrick Harton sold 10,000 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $9.00, for a total value of $90,000.00. Following the completion of the sale, the vice president now directly owns 265,604 shares of the company's stock, valued at approximately $2,390,436. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 135,000 shares of company stock worth $1,302,750. Corporate insiders own 69.00% of the company's stock.
Institutional Trading of Consumer Portfolio Services
Institutional investors and hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets lifted its holdings in Consumer Portfolio Services by 229.7% during the first quarter. BNP Paribas Financial Markets now owns 9,051 shares of the credit services provider's stock worth $68,000 after acquiring an additional 6,306 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Consumer Portfolio Services by 9.8% during the first quarter. Janney Montgomery Scott LLC now owns 50,005 shares of the credit services provider's stock worth $378,000 after acquiring an additional 4,483 shares during the period. Empowered Funds LLC lifted its holdings in Consumer Portfolio Services by 8.1% during the first quarter. Empowered Funds LLC now owns 125,564 shares of the credit services provider's stock worth $949,000 after acquiring an additional 9,450 shares during the period. Bank of New York Mellon Corp lifted its holdings in Consumer Portfolio Services by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 99,481 shares of the credit services provider's stock worth $975,000 after acquiring an additional 1,343 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in Consumer Portfolio Services by 0.7% during the first quarter. Vanguard Group Inc. now owns 521,457 shares of the credit services provider's stock worth $3,942,000 after acquiring an additional 3,418 shares during the period. 47.57% of the stock is owned by hedge funds and other institutional investors.
Consumer Portfolio Services Company Profile
(
Get Free Report)
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.
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