Computer Services (CSVI) Lifted to Buy at ValuEngine

Computer Services (OTCMKTS:CSVI) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, February 4th.

Shares of OTCMKTS CSVI traded up $0.50 during mid-day trading on Monday, reaching $58.50. The company had a trading volume of 3,604 shares, compared to its average volume of 3,054. Computer Services has a twelve month low of $43.61 and a twelve month high of $58.50.

Computer Services (OTCMKTS:CSVI) last posted its quarterly earnings data on Monday, January 14th. The technology company reported $0.82 earnings per share for the quarter. The firm had revenue of $67.64 million for the quarter.

A number of hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio bought a new position in shares of Computer Services during the second quarter worth $1,260,000. Opus Capital Group LLC lifted its position in Computer Services by 7.1% during the third quarter. Opus Capital Group LLC now owns 36,783 shares of the technology company’s stock valued at $1,866,000 after purchasing an additional 2,428 shares during the last quarter. Finally, Everett Harris & Co. CA lifted its position in Computer Services by 8.4% during the third quarter. Everett Harris & Co. CA now owns 37,165 shares of the technology company’s stock valued at $1,886,000 after purchasing an additional 2,884 shares during the last quarter. 0.83% of the stock is currently owned by hedge funds and other institutional investors.

Computer Services Company Profile

Computer Services, Inc, together with its subsidiaries, delivers core processing, managed services, mobile and Internet, payments processing, print and electronic distribution, and regulatory compliance solutions to financial institutions and corporate entities in the United States. It provides processing, maintenance, and support services; software licensing and installation services; professional services; and eBusiness services, as well as equipment and supply sales.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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