CSP Inc. (NASDAQ: CSPI)’s stock price has gone decline by -12.85 in comparison to its previous close of 16.34, however, the company has experienced a -27.24% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-02-22 that Three microcap stocks poised to benefit from macro trends.
Is It Worth Investing in CSP Inc. (NASDAQ: CSPI) Right Now?
The price-to-earnings ratio for CSP Inc. (NASDAQ: CSPI) is 32.80x, which is above its average ratio. Moreover, the 36-month beta value for CSPI is 1.26. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CSPI is 6.76M and currently, short sellers hold a 6.86% of that float. On April 19, 2024, CSPI’s average trading volume was 181.24K shares.
CSPI’s Market Performance
CSPI’s stock has seen a -27.24% decrease for the week, with a -30.62% drop in the past month and a 32.47% gain in the past quarter. The volatility ratio for the week is 11.97%, and the volatility levels for the past 30 days are at 11.37% for CSP Inc. The simple moving average for the past 20 days is -24.26% for CSPI’s stock, with a 22.14% simple moving average for the past 200 days.
CSPI Trading at -24.98% from the 50-Day Moving Average
After a stumble in the market that brought CSPI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.41% of loss for the given period.
Volatility was left at 11.37%, however, over the last 30 days, the volatility rate increased by 11.97%, as shares sank -34.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.64% upper at present.
During the last 5 trading sessions, CSPI fell by -27.24%, which changed the moving average for the period of 200-days by +135.18% in comparison to the 20-day moving average, which settled at $18.43. In addition, CSP Inc. saw 46.13% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CSPI starting from NERGES JOSEPH R, who purchase 625 shares at the price of $38.52 back on Mar 15 ’24. After this action, NERGES JOSEPH R now owns 669,008 shares of CSP Inc., valued at $24,078 using the latest closing price.
NERGES JOSEPH R, the Confidentiality agreement of CSP Inc., purchase 200 shares at $40.50 during a trade that took place back on Mar 14 ’24, which means that NERGES JOSEPH R is holding 668,383 shares at $8,100 based on the most recent closing price.
Stock Fundamentals for CSPI
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.33 for the gross margin
The net margin for CSP Inc. stands at 0.07. The total capital return value is set at 0.0. Equity return is now at value 8.96, with 5.72 for asset returns.
Based on CSP Inc. (CSPI), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 8.81. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 0.66.
Currently, EBITDA for the company is 1.87 million with net debt to EBITDA at -23.81. When we switch over and look at the enterprise to sales, we see a ratio of 1.85. The receivables turnover for the company is 3.11for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.15.
Conclusion
To wrap up, the performance of CSP Inc. (CSPI) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
