Cooper-Standard (NYSE:CPS) Shares Cross Above Fifty Day Moving Average of $15.40

Cooper-Standard Holdings Inc. (NYSE:CPS) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $15.40 and traded as high as $15.87. Cooper-Standard shares last traded at $15.48, with a volume of 58,295 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Cooper-Standard from a “buy” rating to a “hold” rating in a research report on Tuesday.

Cooper-Standard Stock Down 0.9 %

The company’s fifty day moving average price is $15.31 and its two-hundred day moving average price is $16.21. The company has a market cap of $266.44 million, a price-to-earnings ratio of -1.32 and a beta of 2.88.

Cooper-Standard (NYSE:CPS) last announced its earnings results on Thursday, February 15th. The auto parts company reported ($1.79) earnings per share for the quarter. The company had revenue of $673.64 million for the quarter.

Institutional Investors Weigh In On Cooper-Standard

A number of hedge funds and other institutional investors have recently bought and sold shares of CPS. Barclays PLC lifted its position in Cooper-Standard by 183.0% during the 3rd quarter. Barclays PLC now owns 14,911 shares of the auto parts company’s stock worth $201,000 after buying an additional 9,642 shares in the last quarter. SG Americas Securities LLC bought a new stake in Cooper-Standard during the fourth quarter worth about $269,000. Fiduciary Alliance LLC acquired a new position in Cooper-Standard during the fourth quarter valued at approximately $1,845,000. Trexquant Investment LP grew its stake in Cooper-Standard by 119.6% in the third quarter. Trexquant Investment LP now owns 48,199 shares of the auto parts company’s stock valued at $647,000 after purchasing an additional 26,246 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its stake in Cooper-Standard by 61.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 84,067 shares of the auto parts company’s stock valued at $1,643,000 after purchasing an additional 31,855 shares in the last quarter. Institutional investors and hedge funds own 69.11% of the company’s stock.

About Cooper-Standard

Cooper-Standard Holdings Inc, through its subsidiary, Cooper-Standard Automotive Inc, manufactures and sells sealing, fuel and brake delivery, and fluid transfer systems in the United States, Mexico, China, Poland, Canada, Germany, France, and internationally. The company offers sealing systems, including dynamic seals, static seals, encapsulated glasses, textured surfaces with cloth appearance, obstacle detection sensor systems, FlushSeal systems, variable extrusions, specialty sealing products, stainless steel trims, and frameless systems.