CPI Card Group Inc. (PMTS) Plunges 8.33%

CPI Card Group Inc. (PMTS) had a rough trading day for Wednesday December 04 as shares tumbled 8.33%, or a loss of $-0.09 per share, to close at $0.99. After opening the day at $1.06, shares of CPI Card Group Inc. traded as high as $1.07 and as low as $0.99. Volume was 69,227 shares over 80 trades, against an average daily volume of n/a shares and a total float of 11.22 million.

As a result of the decline, CPI Card Group Inc. now has a market cap of $11.11 million. In the last year, shares of CPI Card Group Inc. have traded between a range of $4.02 and $0.77, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

CPI Card Group Inc provides financial payment card solutions and services, It offers credit, debit and prepaid cards including Europay, Mastercard and Visa chip, personalization, instant issuance, fulfillment and mobile payment services. The company issues payment cards for Visa, Master card, American express, Discover and Interac brands. The company has U.S. Debit and credit, U.S prepaid debit and U.K limited and other segments. U.S, debit and credit segment generates the majority of the revenue for the company.

CPI Card Group Inc. is based out of Littleton, CO and has some 1,100 employees. Its CEO is Scott T. Scheirman.

CPI Card Group Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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