Alert: Major Price Advance (11/6/24)-CPI Card Group Inc (NASDAQ: PMTS).

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CPI Card Group Inc (NASDAQ: PMTS) stock closed at $26.79 on 11/6/24 after a major increase of 11.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 288% of normal. The stock has risen 18.3% during the last week and has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

PMTS’ future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.

CPI Card Group is currently unrated.

Rating Review

The stock is currently unrated.

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