Now Is The Time To Build A Position In CSP Inc (NASDAQ:CSPI)

In last trading session, CSP Inc (NASDAQ:CSPI) saw 0.8 million shares changing hands with its beta currently measuring 0.83. Company’s recent per share price level of $11.28 trading at $0.56 or 5.22% at ring of the bell on the day assigns it a market valuation of $111.25M. That closing price of CSPI’s stock is at a discount of -94.59% from its 52-week high price of $21.95 and is indicating a premium of 7.89% from its 52-week low price of $10.39. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.11 million shares which gives us an average trading volume of 23.38K if we extend that period to 3-months.

CSP Inc (NASDAQ:CSPI) trade information

CSP Inc’s shares saw a change of -15.12% in year-to-date performance and have moved 0.00% in past 5-day. CSP Inc (NASDAQ:CSPI) showed a performance of -23.53% in past 30-days. Number of shares sold short was 0.14 million shares which calculate 5.15 days to cover the short interests.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 5.26% during past 5 years.

CSPI Dividends

CSP Inc is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.06%, the share has a forward dividend of 0.12 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 4.48%.

CSP Inc (NASDAQ:CSPI)’s Major holders

Insiders are in possession of 30.80% of company’s total shares while institution are holding 27.27 percent of that, with stock having share float percentage of 39.41%. Investors also watch the number of corporate investors in a company very closely, which is 27.27% institutions for CSP Inc that are currently holding shares of the company. VISIONARY WEALTH ADVISORS is the top institutional holder at CSPI for having 0.6 million shares of worth $8.93 million. And as of 2024-06-30, it was holding 6.577 of the company’s outstanding shares.

The second largest institutional holder is DIMENSIONAL FUND ADVISORS LP, which was holding about 0.5 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.5271 of outstanding shares, having a total worth of $7.5 million.

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