CPI Card Group (NASDAQ:PMTS) Coverage Initiated at StockNews.com

StockNews.com began coverage on shares of CPI Card Group (NASDAQ:PMTSGet Rating) in a report issued on Friday. The brokerage set a “buy” rating on the stock.

Shares of CPI Card Group stock opened at $17.25 on Friday. CPI Card Group has a 52-week low of $10.18 and a 52-week high of $38.92. The company has a market capitalization of $194.15 million, a PE ratio of 10.39 and a beta of 1.43. The business has a 50 day moving average price of $14.23.

About CPI Card Group (Get Rating)

CPI Card Group Inc, together with its subsidiaries, engages in the design, production, data personalization, packaging, and fulfillment of financial payment cards. It operates through Debit and Credit, and Prepaid Debit segments. The Debit and Credit segment produces financial payment cards and provides integrated card services to card-issuing banks.

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