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Zacks Investment Research upgraded CPI Card Group Inc (NASDAQ:PMTS) to Hold in a report released today.

Yesterday CPI Card Group Inc (NASDAQ:PMTS) traded -4.20% lower at $6.01. The company’s 50-day moving average is $5.84 and its 200-day moving average is $5.74. The last closing price is up -4.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 152,834 shares of the stock traded hands, down from an average trading volume of 187,652

Zacks Investment Research has upgraded CPI Card Group Inc (NASDAQ:PMTS) to Hold in a report released on Wednesday October 12, 2016.

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CPI Card Group Inc (NASDAQ:PMTS)

CPI Card Group Inc has a 52 week low of $3.38 and a 52 week high of $12.58 with a P/E ratio of 26.86 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 5 firms have reported on the stock. The consensus target price is $6.70 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About CPI Card Group Inc (NASDAQ:PMTS)

CPI Card Group Inc., formerly CPI Holdings I, Inc., provides Financial Payment Card solutions in North America. The Company is engaged in the design, production, data personalization, packaging and fulfillment of Financial Payment Cards, which it defines as credit cards, debit cards and prepaid debit cards issued on the networks of the Payment Card Brands in the United States, Europe and Canada. It is also engaged in the design, production, data personalization, packaging and fulfillment of retail gift and loyalty cards. Its segments include U.S. Debit and Credit, which produces Financial Payment Cards and provides integrated card services to card-issuing banks in the United States; U.S. Prepaid Debit, which provides integrated card services to Prepaid Debit Card issuers in the United States; U.K. Limited, which produces retail cards for customers in the United Kingdom and continental Europe, and Other, which has operations in Ontario, Canada and Petersfield, United Kingdom.

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