CompoSecure (NASDAQ:CMPO) Trading 1% Higher – Here’s Why

CompoSecure, Inc. (NASDAQ:CMPO) shares traded up 1% during mid-day trading on Friday . The stock traded as high as $13.96 and last traded at $13.47. Approximately 1,496,496 shares changed hands during mid-day trading, an increase of 45% from the average daily volume of 1,030,516 shares. The stock had previously closed at $13.34.

CompoSecure Trading Down 2.0%

The stock has a market cap of $1.67 billion, a P/E ratio of -7.86 and a beta of 0.98. The firm has a 50-day simple moving average of $13.93 and a two-hundred day simple moving average of $17.52.

CompoSecure Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were paid a $0.0025 dividend. The ex-dividend date was Monday, May 18th. This represents a $0.01 annualized dividend and a dividend yield of 0.1%.

Institutional Trading of CompoSecure

Several hedge funds and other institutional investors have recently bought and sold shares of the business. CIBC Private Wealth Group LLC grew its position in shares of CompoSecure by 74.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,407 shares of the company’s stock worth $27,000 after purchasing an additional 600 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of CompoSecure by 25.8% in the second quarter. Tower Research Capital LLC TRC now owns 3,478 shares of the company’s stock valued at $49,000 after buying an additional 713 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of CompoSecure in the fourth quarter valued at approximately $57,000. Kestra Advisory Services LLC bought a new stake in shares of CompoSecure in the fourth quarter valued at approximately $59,000. Finally, CWM LLC grew its position in CompoSecure by 24.5% during the fourth quarter. CWM LLC now owns 4,614 shares of the company’s stock worth $89,000 after buying an additional 907 shares in the last quarter. Institutional investors and hedge funds own 37.56% of the company’s stock.

CompoSecure Company Profile

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.