PMTS Stock Summary and Trading Ideas (Cpi Card Group | NASDAQ:PMTS)

CPI Card Group Inc is a payment technology company engaged in providing financial payment card solutions and services. It offers credit, debit, and prepaid cards. The business segments of the group are Debit and Credit, which produces Financial Payment Cards and provides integrated card services to card-issuing banks in the United States, and Prepaid Debit, which provides integrated card services to Prepaid Debit Card program managers in the United States and Others. It derives key revenue from the Debit and Credit segment.

Cpi Card Group trades on the NASDAQ stock market under the symbol PMTS.

As of April 19, 2024, PMTS stock price declined to $17.50 with 37,216 million shares trading.

PMTS has a beta of 0.68, meaning it tends to be less sensitive to market movements. PMTS has a correlation of 0.01 to the broad based SPY ETF.

PMTS has a market cap of $199.51 million. This is considered a Micro Cap stock.

Last quarter Cpi Card Group reported $103 million in Revenue and $.23 earnings per share. This fell short of revenue expectation by $-2 million and missed earnings estimates by -$.09.

The top ETF exchange traded funds that PMTS belongs to (by Net Assets): VTI, VGT, IWM, VXF, IWO.

PMTS has underperformed the market in the last year with a price return of -57.6% while the SPY ETF gained +21.2%. PMTS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.1% and -7.0%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

PMTS support price is $16.73 and resistance is $18.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PMTS stock will trade within this expected range on the day.