Research analysts at Compass Point initiated coverage on shares of Outerwall Inc (NASDAQ:CSTR) in a research note issued on Thursday. The brokerage set a “buy” rating on the stock.
Outerwall (NASDAQ:CSTR) traded up 10.33% during mid-day trading on Thursday, hitting $16.55. The company had a trading volume of 494,338 shares. The company’s 50 day moving average price is $0.00 and its 200-day moving average price is $0.00. Outerwall has a one year low of $16.25 and a one year high of $16.95.
Outerwall Company Profile
Outerwall Inc is a provider of automated retail solutions. The Company’s business segments are Redbox, Coinstar and ecoATM. Its offerings include Redbox business, which enables consumers to rent or purchase movies and video games from self-service kiosks (Redbox segment); Coinstar business, which enables consumers to convert their coins to cash and convert coins and cash to stored value products at self-service kiosks (Coinstar segment), and ecoATM business, which enables consumers to sell electronic devices for cash at self-service kiosks, and purchase and sell electronic devices for cash through an online solution under its Gazelle brand.