Consumer Portfolio Services (NASDAQ:CPSS) Share Price Passes Above 200 Day Moving Average of $8.89

Consumer Portfolio Services, Inc. (NASDAQ:CPSS) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.89 and traded as high as $9.18. Consumer Portfolio Services shares last traded at $8.63, with a volume of 37,292 shares changing hands.

Consumer Portfolio Services Stock Up 1.9 %

The company has a market cap of $182.56 million, a price-to-earnings ratio of 4.83 and a beta of 2.07. The company has a current ratio of 9.69, a quick ratio of 9.69 and a debt-to-equity ratio of 8.49. The business has a fifty day moving average price of $8.38 and a two-hundred day moving average price of $8.88.

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. HighPoint Advisor Group LLC acquired a new position in shares of Consumer Portfolio Services during the 4th quarter worth $766,000. Vanguard Group Inc. increased its stake in shares of Consumer Portfolio Services by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 518,039 shares of the credit services provider’s stock worth $4,854,000 after purchasing an additional 3,747 shares during the last quarter. GTS Securities LLC acquired a new position in shares of Consumer Portfolio Services during the 4th quarter worth $94,000. Barclays PLC increased its stake in shares of Consumer Portfolio Services by 712.9% during the 4th quarter. Barclays PLC now owns 11,714 shares of the credit services provider’s stock worth $110,000 after purchasing an additional 10,273 shares during the last quarter. Finally, Bridgeway Capital Management LLC increased its stake in shares of Consumer Portfolio Services by 1.4% during the 4th quarter. Bridgeway Capital Management LLC now owns 387,723 shares of the credit services provider’s stock worth $3,633,000 after purchasing an additional 5,339 shares during the last quarter. Institutional investors and hedge funds 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.