CPI Card Group Inc. (PMTS) Reaches New 52-Week Low

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The company is down from yesterday’s close of $1.1. The stock last traded at $1.000 which is significantly lower than $2.31, the stock’s 50 day moving average and well below the 200 day moving average of $3.20. The 50 day moving average went down by -56.6606% and the 200 day average went down by -68.7602%.

Here is the rundown on market activity for CPI Card Group Inc. (NASDAQ:PMTS). Lisa Jacoba, Chief Human Resources Officer acquired $47,823 worth of shares at an average price of $1.10 on August 9th. That brings the Chief Human Resources Officer’s holdings to $95,065 as recorded in a recent Form 4 SEC filing. CTO Jay Arbabha purchased 30,000 shares at an average price of $1.05 on Wed the 9th. That brings Arbabha’s holdings to $42,210 as reported to the SEC.

CPI Card Group Inc., formerly CPI Holdings I, Inc., launched on June 4, 2007, is a provider of Financial Payment Card solutions in North America. The Business’s segments include U.S. Debit and Credit, U.S. Prepaid Debit, U.K. Limited and Other. The Company is involved in the design, production, data personalization, packaging and fulfillment of Financial Payment Cards, which the Company defines as credit cards, debit cards and prepaid debit cards issued on the networks of the Payment Card Brands (Visa, MasterCard, American Express, Discover and Interac (in Canada)) in the United States, Europe and Canada. The Company is also engaged in the design, production, data personalization, packaging and fulfillment of retail gift and loyalty cards (primarily in Europe and Canada)..

Here are some other firms who have updated their holdings. As of the end of the quarter Scotia Capital Inc. had bought a total of 150,821 shares growing its position 114.6%. The value of the investment in PMTS increased from $551,000 to $797,000 a change of 44.6% since the last quarter. Susquehanna International Group, Llp downsized its holdings by shedding 200 shares a decrease of 0.8% as of 06/30/2017. Susquehanna International Group, Llp controls 24,900 shares worth $71,000. The total value of its holdings decreased 31.7%.

As of quarter end Manufacturers Life Insurance Company, The had acquired 236 shares growing its stake by 13.9%. The value of the company’s investment in CPI Card Group Inc. went from $7,000 to $6,000 decreasing 14.3% quarter over quarter. Renaissance Technologies LLC grew its investment by buying 31,000 shares an increase of 10.1% in the quarter. Renaissance Technologies LLC currently owns 336,800 shares with a value of $960,000. The value of the position overall is down by 25.2%.

On August 3 the stock rating was downgraded from “” to “Underperform” in a report from Barrington Research.

CPI Card Group Inc. recently declared a dividend for shareholders which was paid on Friday the 7th of July 2017. The dividend payment was $0.045 per share for the quarter or $0.18 on an annualized basis. This dividend represents a yield of $17.14. The ex-dividend date was set for Wednesday the 14th of June 2017.