StockNews.com upgraded shares of Cooper-Standard (NYSE:CPS – Free Report) from a hold rating to a buy rating in a report released on Friday morning.
Cooper-Standard Trading Down 2.7 %
Cooper-Standard stock opened at $13.81 on Friday. Cooper-Standard has a 12-month low of $11.24 and a 12-month high of $22.74. The firm has a market capitalization of $238.77 million, a price-to-earnings ratio of -2.39 and a beta of 2.76. The firm has a 50 day moving average of $12.99 and a 200 day moving average of $14.70.
Cooper-Standard (NYSE:CPS – Get Free Report) last released its earnings results on Thursday, August 1st. The auto parts company reported ($0.64) earnings per share for the quarter, beating analysts’ consensus estimates of ($2.09) by $1.45. The firm had revenue of $708.36 million for the quarter.
Hedge Funds Weigh In On Cooper-Standard
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.
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