Cardtronics plc (NASDAQ:CATM) Closed -8.1% Below Its 50 Day Average


Shares are trading at $23.52 which is just under the 50 day moving average of $25.59 and which is well below the 200 day moving average of $31.55. The 50 day moving average was down $-2.07 and the 200 day average was down $-8.03. Trading volume for Cardtronics plc was 534K in the last trading session. Shares saw a steep decrease in trading volume of 4.00% under the normal average daily volume.

Short traders are feeling a little more bearish of late looking at the motion in short interest. The company saw a rise in short interest of 1.29% between September 15, 2017 and September 29, 2017. Short shares grew from 4,999,393 to 5,063,703 over that period. The days to cover decreased to 5.0 and the percentage of shorted shares was 0.11% on September 29.

The following firms have recently changed their position in CATM. Cutler Group LP expanded its holdings by buying 723 shares an increase of 12,050.0% as of 09/30/2017. Cutler Group LP owns 729 shares with a value of $16,000. The total value of its holdings increased inf%. Louisiana State Employees Retirement System cut its ownership by shedding 100 shares a decrease of 0.5%. Louisiana State Employees Retirement System now holds 18,500 shares worth $426,000. The value of the position overall is down by 30.3%.

Bank Of Montreal /can/ reduced its position by shedding 42 shares a decrease of 21.8% in the quarter. Bank Of Montreal /can/ controls 151 shares valued at $3,000. The value of the position overall is down by 50.0%. As of quarter end Howe & Rusling Inc had disposed of 3,225 shares trimming its position 96.8%. The value in dollars went from $109,000 to $2,000 decreasing 98.2% quarter to quarter.

The company currently has a P/E ratio of 16.23 and the market cap of the company is 1.07B. As of the latest earnings report the EPS was $1.45 and is expected to be $2.80 for the current year with 45,653,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.62 and the next full year EPS is anticipated to be $2.51.

Cardtronics plc, formerly Cardtronics, Inc., launched on March 11, 2016, provides automated consumer financial services through its network of automated teller machines (ATMS) and multi-function financial services kiosks. The Business’s operations consists of its North America, Europe, and Corporate & Other segments. The Business’s ATM operations in the United States, Canada, Mexico and Puerto Rico are included in its North America segment. The Business’s ATM operations in the United Kingdom, Ireland, Germany, Poland, Spain and i-design are included in its Europe segment. The Business’s transaction processing operations, which service its North American and European operations, along with external customers, and the Business’s corporate general and administrative functions comprise the Corporate & Other segment. As of December 31, 2016, the Company provided services to approximately 203,000 ATMs throughout the United States (including the United States territory of Puerto Rico), the United Kingdom, Ireland, Germany, Poland, Spain, Canada and Mexico..