Conceptus Stock Hits New 52-Week Low (CPTS)

NEW YORK ( TheStreet) -- Conceptus (Nasdaq: CPTS) hit a new 52-week low Monday as it is currently trading at $12.05, below its previous 52-week high of $17.74 with 21,249 shares traded as of 10:15 a.m. ET. Average volume has been 248,700 shares over the past 30 days.

Conceptus has a market cap of $387.4 million and is part of the health care sector and health services industry. Shares are down 11.1% year to date as of the close of trading on Friday.

Conceptus, Inc. designs, develops, and markets minimally invasive devices for reproductive medical applications. It offers Essure, a permanent birth control system for women. The company has a P/E ratio of 4.8, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
  • Practice your CPTS trading strategies and win cash in our stock game.

TheStreet Ratings rates Conceptus as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full Conceptus Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

Global Stocks Weaken as Trump Opens New Fronts in Global Trade War

Global Stocks Weaken as Trump Opens New Fronts in Global Trade War

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat