Park City Group, Inc. (NASDAQ:PCYG)’s share price hit a new 52-week low on Friday . The stock traded as low as $10.90 and last traded at $10.85, with a volume of 209,835 shares changing hands. The stock had previously closed at $11.75.

Several equities analysts have weighed in on the company. DA Davidson assumed coverage on Park City Group in a report on Wednesday, September 6th. They set a “buy” rating and a $15.00 price objective for the company. Loop Capital assumed coverage on Park City Group in a report on Wednesday, August 2nd. They set a “buy” rating and a $18.00 price objective for the company.

The firm’s 50-day moving average is $12.56 and its 200 day moving average is $12.57. The stock has a market capitalization of $209.65 million, a price-to-earnings ratio of 85.04 and a beta of 1.44.

Park City Group (NASDAQ:PCYG) last announced its earnings results on Wednesday, September 13th. The technology company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.02). The company had revenue of $5.19 million for the quarter, compared to analysts’ expectations of $5.03 million. Park City Group had a net margin of 19.95% and a return on equity of 11.50%. On average, equities research analysts predict that Park City Group, Inc. will post $0.31 EPS for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in Park City Group by 15.9% during the 1st quarter. Vanguard Group Inc. now owns 480,981 shares of the technology company’s stock valued at $5,940,000 after buying an additional 65,990 shares during the last quarter. Cannell Peter B & Co. Inc. raised its stake in Park City Group by 3.4% during the 2nd quarter. Cannell Peter B & Co. Inc. now owns 601,292 shares of the technology company’s stock valued at $7,306,000 after buying an additional 20,000 shares during the last quarter. Parsons Capital Management Inc. RI raised its stake in Park City Group by 657.2% during the 1st quarter. Parsons Capital Management Inc. RI now owns 116,225 shares of the technology company’s stock valued at $1,435,000 after buying an additional 100,875 shares during the last quarter. Legato Capital Management LLC purchased a new stake in Park City Group during the 2nd quarter valued at $287,000. Finally, Uniplan Investment Counsel Inc. raised its stake in Park City Group by 4.9% during the 1st quarter. Uniplan Investment Counsel Inc. now owns 508,301 shares of the technology company’s stock valued at $6,277,000 after buying an additional 23,911 shares during the last quarter. Institutional investors and hedge funds own 29.12% of the company’s stock.

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About Park City Group

Park City Group, Inc is a software-as-a-service (SaaS) provider. The Company delivers its services through software products designed, developed, marketed and supported by the Company. The Company also has a Professional Services business, which conducts customization, implementation and training. The Company has approximately two services groups, such as The Business Analytics Group and The Professional Services Group.

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