Consumer Portfolio Services (NASDAQ:CPSS) Stock Price Passes Above 200-Day Moving Average of $8.88

Consumer Portfolio Services, Inc. (NASDAQ:CPSS)’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 $8.88 and traded as high as $8.98. Consumer Portfolio Services shares last traded at $8.78, with a volume of 30,769 shares changing hands.

Consumer Portfolio Services Trading Up 1.5 %

The stock has a fifty day moving average of $8.31 and a two-hundred day moving average of $8.87. The company has a market capitalization of $188.27 million, a PE ratio of 4.98 and a beta of 2.02. The company has a current ratio of 9.69, a quick ratio of 9.69 and a debt-to-equity ratio of 8.49.

Consumer Portfolio Services (NASDAQ:CPSS) last released its quarterly earnings data on Friday, March 15th. The credit services provider reported $0.29 EPS for the quarter. Consumer Portfolio Services had a return on equity of 17.46% and a net margin of 12.88%. The firm had revenue of $91.98 million for the quarter.

Institutional Investors Weigh In On Consumer Portfolio Services

A number of large investors have recently modified their holdings of CPSS. BNP Paribas Financial Markets lifted 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 valued at $68,000 after purchasing an additional 6,306 shares during the period. WINTON GROUP Ltd purchased a new position in shares of Consumer Portfolio Services during the third quarter valued at approximately $190,000. Janney Montgomery Scott LLC increased its position in Consumer Portfolio Services by 10.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 38,940 shares of the credit services provider’s stock valued at $353,000 after buying an additional 3,802 shares in the last quarter. HighPoint Advisor Group LLC purchased a new position in Consumer Portfolio Services during the fourth quarter valued at $766,000. Finally, Russell Investments Group Ltd. boosted its holdings in Consumer Portfolio Services by 1.6% in the fourth quarter. Russell Investments Group Ltd. now owns 113,408 shares of the credit services provider’s stock worth $1,063,000 after acquiring an additional 1,757 shares in the last quarter. Institutional investors own 47.57% of the company’s stock.

Consumer Portfolio Services Company Profile

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.