CPI Card Group (TSE:PMTS) Trading Down 1.5% – Here’s Why

CPI Card Group Inc. (TSE:PMTS) (NASDAQ:PMTS)’s share price fell 1.5% during mid-day trading on Tuesday . The company traded as low as C$34.42 and last traded at C$34.51. 1,100 shares were traded during mid-day trading, a decline of 76% from the average session volume of 4,641 shares. The stock had previously closed at C$35.03.

CPI Card Group Stock Performance

The company’s 50 day simple moving average is C$34.51. The firm has a market capitalization of C$387.86 million and a P/E ratio of 14.41.

About CPI Card Group

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.