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Where Will Cooper-Standard Holdings Inc (CPS) Stock Go Next After It Is Lower By 14.09% in a Week?

Thursday, August 17, 2023 11:44 AM | InvestorsObserver Analysts

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Where Will Cooper-Standard Holdings Inc (CPS) Stock Go Next After It Is Lower By 14.09% in a Week?

Overall market sentiment has been down on Cooper-Standard Holdings Inc (CPS) stock lately. CPS receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Cooper-Standard Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CPS!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With CPS Stock Today?

Cooper-Standard Holdings Inc (CPS) stock is trading at $16.03 as of 11:37 AM on Thursday, Aug 17, a loss of -$0.09, or -0.56% from the previous closing price of $16.12. The stock has traded between $16.03 and $16.88 so far today. Volume today is low. So far 30,715 shares have traded compared to average volume of 222,660 shares.

More About Cooper-Standard Holdings Inc

Cooper-Standard Holdings Inc is a supplier of rubber and resin products for the automotive industry. The company produces rubber and plastic sealings, fuel and brake lines, fluid transfer hoses, and anti-vibration systems used by original equipment manufacturers and replacement markets for passenger vehicles and light trucks. The largest customers include Ford, GM, FCA, Peugeot Citroen, and Volkswagen. Cooper Standard generates the majority of its revenue with its sealing systems products such as Fortrex, dynamic and static seals, stainless steel trims, flush glass systems, and variable extrusions. Click Here to get the full Stock Report for Cooper-Standard Holdings Inc stock.

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