CompoSecure (NASDAQ:CMPO) Stock Breaks Above 50 Day Moving Average – Here’s What Happened

CompoSecure, Inc. (NASDAQ:CMPO – Get Free Report) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty 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 changing hands.

CompoSecure Price Performance

The company’s 50 day simple moving average is $12.49 and its 200 day simple moving average is $15.75. The stock has a market cap of $1.62 billion, a P/E ratio of -7.61 and a beta of 0.98.

CompoSecure Company Profile

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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.

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