CompoSecure (NASDAQ:CMPO) Stock Price Up 3.1% – Time to Buy?

CompoSecure, Inc. (NASDAQ:CMPO) rose 3.1% on Monday . The company traded as high as $13.45 and last traded at $13.30. 2,185,150 shares traded hands during mid-day trading, an increase of 112% from the average daily volume of 1,030,516 shares. The stock had previously closed at $12.90.

CompoSecure Stock Down 4.7%

The stock’s 50-day moving average price is $13.92 and its 200-day moving average price is $15.12. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of -7.36 and a beta of 0.98.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. World Investment Advisors bought a new position in CompoSecure in the fourth quarter valued at about $356,000. Corient Private Wealth LLC raised its holdings in CompoSecure by 195.5% during the 4th quarter. Corient Private Wealth LLC now owns 41,178 shares of the company’s stock worth $774,000 after purchasing an additional 27,244 shares during the last quarter. First Growth Capital LLC acquired a new position in CompoSecure during the 4th quarter valued at about $1,692,000. Rice Hall James & Associates LLC boosted its stake in shares of CompoSecure by 8.8% in the 4th quarter. Rice Hall James & Associates LLC now owns 258,994 shares of the company’s stock valued at $4,993,000 after purchasing an additional 20,997 shares during the last quarter. Finally, Potomac Capital Management Inc. bought a new position in shares of CompoSecure in the 4th quarter valued at about $2,256,000. 37.56% of the stock is currently owned by institutional investors.

CompoSecure Company Profile

CompoSecure, Inc (NASDAQ: CMPO) develops payment, security and authentication products for financial institutions, fintech companies, governments and other organizations. The company is best known for manufacturing and personalizing premium metal payment cards, which are designed to provide enhanced durability and a differentiated customer experience compared with traditional plastic cards.

CompoSecure also offers digital security products through its Arculus platform. Arculus combines a hardware wallet and mobile application to help users securely store, manage and transact with digital assets.