Somewhat Favorable Press Coverage Somewhat Unlikely to Impact PRGX Global (PRGX) Share Price
News coverage about PRGX Global (NASDAQ:PRGX) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PRGX Global earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 44.5975810137721 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
PRGX has been the subject of a number of analyst reports. Zacks Investment Research cut shares of PRGX Global from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 6th. B. Riley set a $8.00 target price on shares of PRGX Global and gave the company a “buy” rating in a research note on Tuesday, October 31st. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $7.00.
PRGX Global (NASDAQ PRGX) remained flat at $$7.10 during midday trading on Wednesday. 11,000 shares of the company were exchanged, compared to its average volume of 36,500. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.59 and a quick ratio of 1.59. The stock has a market capitalization of $159.00, a price-to-earnings ratio of -64.55 and a beta of 1.08. PRGX Global has a fifty-two week low of $5.35 and a fifty-two week high of $7.90.
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PRGX Global Company Profile
PRGX Global, Inc (PRGX), together with its subsidiaries, provides recovery audit and spend analytics services. The Company provides recovery audit, procure-to-pay performance improvement, spend analytics and risk management services principally to large businesses and government agencies. The Company operates through three segments: Recovery Audit Services-Americas, Recovery Audit Services-Europe/Asia-Pacific and Adjacent Services.
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