TheStreet has upgraded Consumer Portfolio Services, Inc.(NASDAQ:CPSS) to Hold in a statement released on 8/15/2016.
Previously on 4/27/2016, Compass Point released a statement on Consumer Portfolio Services, Inc.(NASDAQ:CPSS) dropped the target price from $5.50 to $5.00. At the time, this suggested an upside of 0.20%.
Having a price of $4.02, Consumer Portfolio Services, Inc. (NASDAQ:CPSS) traded 1.57% higher on the day. The last close is up 2.94% relative to the 200-day moving average, compared to the Standard & Poor’s 500 Index which has not moved over the same period. Consumer Portfolio Services, Inc. has registered a 50-day average of $4.03 and two hundred day average of $4.01. 86,879 shares of the stock were exchanged, up from ann average trading volume of 60,738
With a market capitalization of $0.0, Consumer Portfolio Services, Inc. has a price-earnings of 4 with a one-year low of $3.31 and a 52 week high of $5.81.
A total of 5 equity analysts have issued a ratings update on the company. Two analysts rate the stock a strong buy, 0 rate the stock a buy, three firms rate the company a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the stock as sell with a 12-month target stock price of $6.40
General Information About Consumer Portfolio Services, Inc. (NASDAQ:CPSS)
Consumer Portfolio Services, Inc. is a specialty finance company. The Company’s business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and by select independent dealers in the United States in the sale of new and used automobiles, light trucks and passenger vans. Through its automobile contract purchases, the Company provides indirect financing to the customers of dealers having limited credit histories, low incomes or past credit problems, who it refers to as sub-prime customers. It serves as an alternative source of financing for dealers, facilitating sales to customers. The Company offers approximately eight financing programs to its dealership customers and prices each program according to the relative credit risk. Its financing programs are Bravo, First Time Buyer, Mercury/Delta, Standard, Alpha, Alpha Plus, and Super Alpha and Preferred.
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