CompoSecure (NASDAQ:CMPO) Shares Break Above 50-Day Moving Average – Time to Sell?

CompoSecure, Inc. (NASDAQ:CMPO) shares passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $12.49 and traded as high as $12.9150. CompoSecure shares last traded at $12.78, with a volume of 1,708,377 shares trading hands.

CompoSecure Price Performance

The company has a market cap of $1.80 billion, a price-to-earnings ratio of -8.46 and a beta of 0.98. The business has a 50 day simple moving average of $12.49 and a 200 day simple moving average of $15.69.

CompoSecure Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Wednesday, November 18th will be issued a $0.0025 dividend. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, November 18th.

CompoSecure Company Profile

CompoSecure, Inc is a payments and digital security technology company that develops secure products for financial institutions, fintech companies, brands and government-related customers. The company specializes in combining advanced materials, embedded security features and digital authentication technologies to protect payment credentials and other sensitive assets.

Its offerings include premium metal payment cards, which are designed and manufactured for banks and other card issuers, as well as related personalization and security solutions.