Cooper-Standard (NYSE:CPS) Lifted to Hold at StockNews.com

StockNews.com upgraded shares of Cooper-Standard (NYSE:CPS – Get Rating) from a sell rating to a hold rating in a report published on Friday.

Cooper-Standard Stock Performance

CPS stock opened at $5.00 on Friday. The business’s fifty day moving average is $5.07 and its 200-day moving average is $10.04. The company has a quick ratio of 1.24, a current ratio of 1.51 and a debt-to-equity ratio of 3.62. The company has a market cap of $85.31 million, a P/E ratio of -0.24 and a beta of 3.04. Cooper-Standard has a twelve month low of $3.53 and a twelve month high of $28.06.

Cooper-Standard (NYSE:CPS – Get Rating) last issued its quarterly earnings data on Thursday, May 5th. The auto parts company reported ($3.00) EPS for the quarter. The business had revenue of $612.98 million for the quarter. Cooper-Standard had a negative return on equity of 67.25% and a negative net margin of 15.40%.

Institutional Trading of Cooper-Standard

Hedge funds and other institutional investors have recently modified their holdings of the stock. KBC Group NV acquired a new position in Cooper-Standard during the first quarter worth approximately $74,000. Eidelman Virant Capital acquired a new position in Cooper-Standard during the second quarter worth approximately $89,000. Dynamic Technology Lab Private Ltd acquired a new position in Cooper-Standard during the first quarter worth approximately $96,000. Panagora Asset Management Inc. acquired a new position in Cooper-Standard during the first quarter worth approximately $179,000. Finally, Trellus Management Company LLC acquired a new position in Cooper-Standard during the first quarter worth approximately $219,000. Institutional investors and hedge funds own 99.63% of the company’s stock.

Cooper-Standard Company Profile

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Cooper-Standard Holdings Inc, through its subsidiary, Cooper-Standard Automotive Inc, designs, manufactures, and sells sealing, fuel and brake delivery, and fluid transfer systems. The company's sealing systems include obstacle detection sensor systems, dynamic seals, variable extrusion systems, static seals, specialty sealing products, encapsulated glasses, stainless steel trims, FlushSeal systems, and textured surfaces with cloth appearance.