Yesterday Consumer Portfolio Services, Inc. (NASDAQ:CPSS) traded -2.55% lower at $4.35. The company’s 50-day moving average is $4.01 and its 200-day moving average is $4.48. The last stock close price is down -5.95% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 58,297 shares of the stock were exchanged, down from an average trading volume of 79,734
Zacks Investment Research has upgraded Consumer Portfolio Services, Inc. (NASDAQ:CPSS) to Hold in a report released on 6/20/2017.
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Consumer Portfolio Services, Inc. has a 52 week low of $3.66 and a 52 week high of $6.05 with a P/E ratio of 5.00 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 5 firms have reported on the stock. The consensus target price is $6.40 with 2 firms rating the stock a strong buy, 0 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
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, Super Alpha and Preferred.
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