Consumer Portfolio Services, Inc. stock trades under the ticker CPSS & has shown recent bullishness that traders & investors should research further into.
CPSS stock closed at $11.68/share on 4/8/2022.
Consumer Portfolio Services, Inc. CPSS Stock’s Technicals Broken Down
CPSS Stock Price: $11.68
10 Day Moving Average: $11.03
50 Day Moving Average: $11.31
200 Day Moving Average: $8.06
RSI: 56.4
MACD: -0.024
Yesterday, CPSS stock completed a bullish MACD crossover, while bullishly breaking out above its 10 day moving average.
With an RSI of 56, there looks to be more momentum in the near-term for CPSS stock’s price to continue climbing, despite recent trading volumes being about average for the last year.
CPSS will need to test & break above the $11.84, $11.99 & $12.25-resistance levels as it continues to rise.
Consumer Portfolio Services Inc. CPSS Stock As A Long-Term Investment
Long-term oriented investors will find CPSS stock’s valuation metrics appealing, as their P/E (ttm) is 5.75 & their P/B (mrq) is 1.32.
CPSS stock recently reported 42.4% Quarterly Revenue Growth Y-o-Y, with 357.5% Quarterly Earnings Growth Y-o-Y.
Their balance sheet may be worth reviewing a bit more thoroughly before investing, as they’ve reported having Total Cash (mrq) of $29.93M & Total Debt (mrq) of $1.96B.
CPSS stock does not pay a dividend, which may be a part of why only 46.3% of their outstanding share float is held by institutional investors.
Consumer Portfolio Services, Inc. CPSS Stock As A Short-Term Trade Using Options
Short-term focused traders can use options to profit from CPSS stock’s price movements, while hedging against broader market volatility.
For the April 14th expiration date, the $5, $7.50 & $10 call options look appealing, while the $12.50 & $15 put contracts also look interesting.
The next expiration date is May 20th, which I anticipate will have more open interest after this Friday’s expiration date passes.
Tying It All Together
All-in-all, CPSS stock is worth taking a closer look into to see if it fits into your trading strategy.
Long-term focused investors will like their valuation, but may be disappointed by their lack of a dividend yield.
Short-term traders will like their current momentum, but may be disappointed by the current open interest levels on the May 20th expiration dated contracts.
CPSS stock is worth taking a closer review into, regardless of your trading style.
*** I DO NOT OWN SHARES OF CPSS STOCK ***