What’s in CafePress Inc. (PRSS) After Forming Bearish Double Bottom?

November 10, 2018 - By Richard Conner

Investors sentiment decreased to 0.8 in Q2 2018. Its down 0.34, from 1.14 in 2018Q1. It dived, as 3 investors sold CafePress Inc. shares while 2 reduced holdings. 2 funds opened positions while 2 raised stakes. 3.70 million shares or 2.37% less from 3.79 million shares in 2018Q1 were reported.
Deutsche Commercial Bank Ag has invested 0% in CafePress Inc. (NASDAQ:PRSS). Geode Cap Mgmt Limited Co reported 0% in CafePress Inc. (NASDAQ:PRSS). Wells Fargo Mn holds 27 shares or 0% of its portfolio. Bridgeway Mgmt holds 0% of its portfolio in CafePress Inc. (NASDAQ:PRSS) for 109,188 shares. Dimensional Fund Advsr Lp has invested 0% in CafePress Inc. (NASDAQ:PRSS). The New York-based Blackrock has invested 0% in CafePress Inc. (NASDAQ:PRSS). Horizon Kinetics Ltd Co, New York-based fund reported 14,740 shares. Standard General Lp invested in 1.15% or 2.50M shares. Northern has 12,296 shares for 0% of their portfolio. Blackhill Capital Inc invested in 108,831 shares or 0.02% of the stock. 29,897 are owned by Vanguard Group Inc. California Employees Retirement Sys invested 0% in CafePress Inc. (NASDAQ:PRSS). Renaissance Technologies Ltd Llc reported 0% in CafePress Inc. (NASDAQ:PRSS).

The chart of CafePress Inc. (PRSS) shows a double bottom with $1.41 target or 4.00 % below today’s $1.47 share price. The 9 months chart pattern indicates high risk for the $25.19 million company. It was reported on Nov, 10 by Finviz.com. If the $1.41 price target is reached, the company will be worth $1.01M less. Double bottoms are rare but powerful chart patterns.

It closed at $1.47 lastly. It is down 44.70% since November 10, 2017 and is downtrending. It has underperformed by 60.32% the S&P500.

More news for CafePress Inc. (NASDAQ:PRSS) were recently published by: Businesswire.com, which released: “SHAREHOLDER ALERT: Rigrodsky & Long, PA Announces Investigation of CafePress Inc. Buyout” on October 18, 2018. Nasdaq.com‘s article titled: “Snapfish, LLC Successfully Completes Cash Tender Offer for Shares of CafePress Inc.” and published on November 09, 2018 is yet another important article.

CafePress Inc. operates as an online retailer of personalized products in the United States and internationally. The company has market cap of $25.19 million. The firm offers gifts and accessories, including T-shirts and apparels, mugs and drinkware, and home goods, such as custom shower curtains and bed coverings. It currently has negative earnings. CafePress Inc. conducts its business on its primary United States based domain, CafePress.com; and also operates CafePress branded Websites for the markets in the United Kingdom, Canada, and Australia.

CafePress Inc. (NASDAQ:PRSS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:

Recent Market News