Consumer Portfolio Services, Inc. (CPSS) Stock: What Does the Chart Say Tuesday?

Consumer Portfolio Services, Inc. (CPSS) stock has gained 22.77% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Consumer Portfolio Services, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CPSS!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With CPSS Stock Today?

Consumer Portfolio Services, Inc. (CPSS) stock has risen 3.72% while the S&P 500 is lower by -0.38% as of 10:38 AM on Tuesday, Sep 5. CPSS is higher by $0.35 from the previous closing price of $9.41 on volume of 9,459 shares. Over the past year the S&P 500 has gained 15.11% while CPSS is lower by -13.09%. CPSS earned $2.64 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 3.7. To screen for more stocks like Consumer Portfolio Services, Inc. click here.

More About Consumer Portfolio Services, Inc.

Consumer Portfolio Services Inc is a US-based company operating in the specialty finance sector. Its business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and, to a lesser extent, by select independent dealers in the U.S. in the sale of new and used automobiles, light trucks and passenger vans. Through its automobile contract purchases, the company provides indirect financing to the customers of dealers having limited credit histories, low incomes or past credit problems, who it refers to as sub-prime customers. It serves as an alternative source of financing for dealers, facilitating sales to customers. Click Here to get the full Stock Report for Consumer Portfolio Services, Inc. stock.