Consumer Portfolio Services (NASDAQ:CPSS) Stock Passes Above 200-Day Moving Average – Should You Sell?

5 months ago
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Consumer Portfolio Services, Inc. (NASDAQ:CPSS – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $9.02 and traded as high as $9.96. Consumer Portfolio Services shares last traded at $9.95, with a volume of 12,078 shares trading hands.

The company has a debt-to-equity ratio of 10.19, a current ratio of 21.80 and a quick ratio of 21.80. The stock’s fifty day moving average is $9.16 and its 200-day moving average is $9.02. The stock has a market capitalization of $209.16 million, a PE ratio of 6.91 and a beta of 2.01.

Consumer Portfolio Services (NASDAQ:CPSS – Get Free Report) last posted its earnings results on Tuesday, July 30th. The credit services provider reported $0.19 earnings per share (EPS) for the quarter. Consumer Portfolio Services had a net margin of 7.22% and a return on equity of 9.76%. The business had revenue of $95.88 million for the quarter. As a group, equities analysts predict that Consumer Portfolio Services, Inc. will post 0.9 earnings per share for the current fiscal year.

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 transaction of $48,250.00. Following the transaction, the vice president now owns 17,212 shares in the company, valued at $166,095.80. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website . In related news, VP John Patrick Harton sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $9.00, for a total transaction of $90,000.00. Following the completion of the sale, the vice president now directly owns 265,604 shares in the company, valued at approximately $2,390,436. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, VP April Crisp sold 5,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $9.65, for a total transaction of $48,250.00. Following the sale, the vice president now directly owns 17,212 shares of the company’s stock, valued at $166,095.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here . Over the last three months, insiders have sold 135,000 shares of company stock valued at $1,302,750. Company insiders own 67.70% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of Consumer Portfolio Services by 0.7% in the first quarter. Vanguard Group Inc. now owns 521,457 shares of the credit services provider’s stock valued at $3,942,000 after purchasing an additional 3,418 shares in the last quarter. Empowered Funds LLC boosted its stake 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 buying an additional 9,450 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Consumer Portfolio Services by 1.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 99,481 shares of the credit services provider’s stock valued at $975,000 after buying an additional 1,343 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of 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 acquiring an additional 6,306 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Consumer Portfolio Services by 9.8% during the 1st 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. 47.57% of the stock is owned by hedge funds and other institutional investors.

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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