Composecure (NYSE:GPGI) Director Acquires $99,180.00 in Stock

Composecure, Inc. (NYSE:GPGI) Director John Cote bought 5,800 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was acquired at an average price of $17.10 per share, for a total transaction of $99,180.00. Following the acquisition, the director directly owned 5,800 shares in the company, valued at $99,180. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Composecure Price Performance

Shares of NYSE GPGI traded up $0.81 during mid-day trading on Wednesday, reaching $18.09. The company had a trading volume of 1,092,945 shares, compared to its average volume of 3,041,442. The firm has a market capitalization of $5.24 billion, a price-to-earnings ratio of -13.70 and a beta of 1.00. Composecure, Inc. has a 12-month low of $9.24 and a 12-month high of $26.78.

Composecure (NYSE:GPGI) last announced its quarterly earnings data on Thursday, March 12th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.05. Composecure had a negative net margin of 56.76% and a positive return on equity of 211.60%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on Composecure in a report on Monday. They set a “sell (d-)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Composecure Company Profile

CompoSecure, Inc manufactures and designs metal, plastic, composite ID, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which comprise the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile App to keep the Private Key in the Arculus Key card highly secure and store cryptocurrency and digital assets.