Rise

Time

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Cimpress stock price closed at $69.87 while observing a gain of 1.29% during the last intraday session.</a> </li> 
 <li> <span>2</span> <a>CFO Sean Edward Quinn sold 7,795 shares of Cimpress for $530,060 on September 14, 2023.</a> </li> 
 <li> <span>3</span> <a>The year-to-date return of CMPR stock is 147.68%.&nbsp;</a> </li> 
</ul> 
<p>Cimpress (CMPR) stock price has been in a strong uptrend, forming higher lows since the start of 2023, rising from the low of $26. The stock price formed an annual high at $72.97 and faced strong rejection. CMPR retraced after rising above $70 due to the strong presence of bears above the level.&nbsp;</p> 
<p>CMPR stock price corrected the bullish move and formed support at $62.30. On September 14, the asset price regained bullish momentum, rallying 11.68% in a single day. It is currently headed toward retesting $72. The last candle closed as a bullish one.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="558" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-545-1024x558.png" alt="Cimpress (CMPR) Stock: Is this the Right Time to Buy CMPR Stock?&nbsp;" class="wp-image-169351" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-545-1024x558.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-545-300x163.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-545-768x418.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-545-750x409.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-545-1140x621.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-545.png 1481w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: CMPR Stock Price By <a href="https://www.tradingview.com/x/ShaGU8x3/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>. 
  </figcaption> 
 </figure> 
</div> 
<p>If the next candle can break the high of the last candle, the price might retest $72 and potentially shatter the resistance level of $72 and rise toward the next resistance level of $74 and $80.&nbsp;</p> 
<p>On the other hand, if CMPR <a href="https://www.thecoinrepublic.com/2023/09/16/planet-fitness-plnt-stock-strong-meltdown-after-ceo-transition/" target="_blank" rel="noopener noreferrer nofollow">stock price</a> faces rejection from $72, it might retrace back to the recent support of $62.30. Traders looking for buying opportunities should wait for the candle to close above $72.</p> 
<h2 class="wp-block-heading" id="strong-analysis-of-cimpress-plc-strong"><strong>Analysis of Cimpress PLC</strong></h2> 
<p>The company’s division includes Vista, PrintBrothers, The Print Group, National Pen, and many other businesses. It generates maximum revenue from the Vista segment.&nbsp;</p> 
<p>Cimpress PLC’s cash-to-debt ratio is 0.1, worse than 84.82% of the companies in the Media Diversified industry, indicating poor financial strength. The company has been unprofitable 6 times out of the past 10 years. The operating margin is 3.46% better than 50.59% of Media Diversified companies.&nbsp;</p> 
<p>Cimpress PLC’s 3 years average annual growth rate is 9.5%. On September 14, Sean Edward Quinn, Executive Vice President and Chief Financial Officer, sold 7,795 Cimpress shares worth $530,060.</p> 
<p>The marketing material is expected to post a quarterly loss of $0.23 per share in its upcoming earnings report, a year-over-year change of +76.3%. The consensus has estimated the revenue to be $768.67 Million, an increase of 9.3% from the previous quarter.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-will-cmpr-stock-price-rise-to-80-strong"><strong>Will CMPR Stock Price Rise to $80?</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="558" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-546-1024x558.png" alt="Cimpress (CMPR) Stock: Is this the Right Time to Buy CMPR Stock?&nbsp;" class="wp-image-169352" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-546-1024x558.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-546-300x163.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-546-768x418.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-546-750x409.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-546-1140x621.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-546.png 1481w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: CMPR Stock Price By <a href="https://www.tradingview.com/x/4dXO59ew/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>.&nbsp;&nbsp; 
  </figcaption> 
 </figure> 
</div> 
<p>The stock price has surged above 20, 50, 100, and 200-day exponential moving averages, suggesting bullish momentum. The Chaikin money flow score climbed above the 0 mark and stood at 0.05, indicating slight strength and capital inflow in the market.&nbsp;</p> 
<p>The relative strength index stands at 61.20, implying strong participation of bulls and a bullish momentum. The Bollinger bands have started to expand, suggesting the rise in volatility.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>Cimpress’s market structure and price action are bullish and will shatter the $72 resistance level. While CMPR’s financial health is poor, its profitability is fair.&nbsp;</p> 
<h5 class="wp-block-heading"><strong>Technical Levels</strong></h5> 
<p>Major support: $62.30 and $57</p> 
<p>Major resistance: $74 and $80</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

Cimpress (CMPR) Stock: Is this the Right Time to Buy CMPR Stock?

Table of Contents

Thecoinrepublic.com

Other articles published on Sep 19, 2023

Zunami Protocol Confirms $2.1M Exploit

Bitcoin Price Rises Ahead of Fed Interest Rate Decision; Will the Rally Continue?

XRP Lawyers Accuse NYDFS of Political Targeting in Ripple Case

ZERO KNOWLEDGE: NOW ON NEAR

THORChain is bullish, Hedera’s volume soars, Kangamoon forays into blockchain gaming

OKX teams up with Solana Mobile over web3 expansion

Join our free newsletter for daily crypto updates!