New Rating issued on CPI Card Group Inc (PMTS): Upgraded by Barrington Research to ” Outperform”

CPI Card Group Inc (PMTS) was Upgraded by Barrington Research to ” Outperform”. Earlier the firm had a rating of “Mkt Perform ” on the company shares. Barrington Research advised their Clients and Investors in a research report released on Mar 2, 2017.

Based on several research reports , CPI Card Group Inc was Upgraded by Barrington Research to ” Outperform” on Mar 2, 2017. CPI Card Group Inc was Initiated by Barrington Research to “Mkt Perform” on Feb 13, 2017.

Several company insiders have filed Insider transactions , on Nov 17, 2016, Silvio Tavares (director) purchased 25,000 shares at $3.76 per share price. According to the SEC, on Nov 16, 2016, Diane Fulton (director) purchased 4,000 shares at $3.81 per share price. On Jun 16, 2016, Doug Pearce (director) purchased 8,300 shares at $4.53 per share price, according to the Form-4 filing with the securities and exchange commission.

On the company’s financial health, CPI Card Group Inc reported $0.11 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Nov 9, 2016. Analyst had a consensus of $0.14. The company had revenue of $81.20 million for the quarter, compared to analysts expectations of $85.63 million. The company’s revenue was down -24.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.30 EPS.

CPI Card Group Inc (PMTS) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $4.45 and reached the intraday high at $4.4894. The bulls started the profit booking and pushed the shares to intraday low of $4.35. The trading session was marked by a volume range of 58,393 shares exchanging hands. The 52-week high of the shares is $9.25 and the 52-week low is $3.25. The market cap of the company stands at $243 M and there are 5,52,93,251 shares in public circulation.

Cpi Card Group Inc is a United States-based global provider of payment solutions including card production card personalization mobile technologies and fulfillment services. It manufactures secured contactless smart cards and provides Financial Institutions with a range of products including contactless smart card using radio-frequency identification (RFID) contactless RFID stickers Europay MasterCard and Visa (EMV) cards MicroSD contactless physical access cards and contactless FOB. The Company’s packaging services include card and package design card manufacturing and personalization secure packaging and distribution for multiple industries. It offers a suite of solutions for smart card programs in the financial commercial transit and government sectors. The Company offers a range of mailing and fulfillment solutions to compliment any type of card program. Its mailing and fulfillment solutions include packaging personalization and fulfillment.

CPI Card Group Inc

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