Cooper-Standard Holdings Inc (NYSE: CPS) – Time For Strategy Change?

Cooper-Standard Holdings Inc (NYSE:CPS) currently has a daily average trading volume of 154.66K but it saw 193099 shares traded in last market. With a market cap of 234.25M USD, the company’s current market price of $13.52 came falling about -1.31 while comparing to the previous closing price of $13.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.52 and as low as $11.24. In the recent trading on the day, stock has struck highest price mark of $13.095 while lowest mark touched by it was $13.74.

Taking a look at 20-day trading activity of Cooper-Standard Holdings Inc (CPS) gives us an average price of $14.15, while its current price level is -30.74% below from 52-week high level whereas it is 20.28% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $14.58 while that of 200 days or SMA-200 reads an average of $14.20. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.64% during that period while stretching the period over a month that increases to 5.93%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 41.99 which implies that the stock is in neutral territory.

The Benchmark Company upgraded its recommendation for the stock as a “Buy” from “Hold” on November 06, 2020 while assigning a price target of $30.

Over the week, CPS’s stock price is moving -0.29% down while it is -8.89% when we observe its performance for the past one month. Year-to-date it is -0.29% down and over the past year, the stock is showing a downside performance of -25.55%.

Currently, Cooper-Standard Holdings Inc’s total number of outstanding shares is 17.33M. Company’s return on investment (ROI) stands at -17.81% and return on equity (ROE) at -1529.44%. It has a 16.10 of forward P/E ratio. Stock’s beta reads 2.78. Stock has a price to sale or P/S ratio amounts to 0.09. Its return on asset (ROA) is -9.10% on average.