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CompoSecure Inc (CMPO) Becoming More Attractive for Investors

CompoSecure Inc’s recently made public that its Chief Product & Innov. Officer Lowe Adam Joseph unloaded Company’s shares for reported $1.06 million on Dec 09 ’24. In the deal valued at $15.91 per share,66,350 shares were sold. As a result of this transaction, Lowe Adam Joseph now holds 1,358,692 shares worth roughly $22.38 million.

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Then, Lowe Adam Joseph sold 34,310 shares, generating $557,194 in total proceeds. Upon selling the shares at $16.24, the Chief Product & Innov. Officer now owns 1,315,068 shares.

Before that, Maes Gregoire sold 55,137 shares. CompoSecure Inc shares valued at $904,247 were divested by the Chief Operating Officer at a price of $16.40 per share. As a result of the transaction, Maes Gregoire now holds 762,009 shares, worth roughly $12.55 million.

BofA Securities initiated its CompoSecure Inc [CMPO] rating to a Buy in a research note published on July 10, 2024; the price target was $9. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. The Benchmark Company began covering CMPO with “Buy” recommendation on February 13, 2024. JP Morgan revised its rating on December 18, 2023. It rated CMPO as “a Neutral” which previously was an “an Overweight”.

Price Performance Review of CMPO

On Monday, CompoSecure Inc [NASDAQ:CMPO] saw its stock fall -0.48% to $16.47. Over the last five days, the stock has gained 3.00%. CompoSecure Inc shares have risen nearly 219.45% since the year began. Nevertheless, the stocks have risen 245.01% over the past one year. While a 52-week high of $16.80 was reached on 12/16/24, a 52-week low of $4.40 was recorded on 03/05/24. SMA at 50 days reached $15.25, while 200 days put it at $10.02.

Levels Of Support And Resistance For CMPO Stock

The 24-hour chart illustrates a support level at 16.25, which if violated will result in even more drops to 16.03. On the upside, there is a resistance level at 16.86. A further resistance level may holdings at 17.25. The Relative Strength Index (RSI) on the 14-day chart is 63.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.14%. Stochastics %K at 75.94% indicates the stock is a holding.

How much short interest is there in CompoSecure Inc?

A steep rise in short interest was recorded in CompoSecure Inc stocks on 2024-11-29, dropping by -1.48 million shares to a total of 11.6 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 13.08 million shares. There was a decline of -12.77%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on June 13, 2023 when Berenberg began covering the stock and recommended ‘”a Buy”‘ rating along with a $13 price target.

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