Shares of Peak Resorts Inc. (NASDAQ:SKIS) were up 3.3% during trading on Friday . The stock traded as high as $4.90 and last traded at $4.75, with a volume of 58,807 shares trading hands. The stock had previously closed at $4.60.

SKIS has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Peak Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, March 17th. Macquarie raised Peak Resorts from an “underperform” rating to an “outperform” rating in a research note on Thursday, May 26th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $7.45.

The firm has a 50 day moving average price of $4.54 and a 200-day moving average price of $4.09. The stock’s market capitalization is $64.46 million.

Peak Resorts (NASDAQ:SKIS) last posted its quarterly earnings results on Thursday, July 14th. The company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by $1.13. During the same period last year, the firm posted $0.70 EPS. The business had revenue of $45.50 million for the quarter, compared to analyst estimates of $43.21 million. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis. Analysts forecast that Peak Resorts Inc. will post $0.26 EPS for the current year.

An institutional investor recently bought a new position in Peak Resorts stock. Summer Road LLC bought a new position in Peak Resorts Inc. (NASDAQ:SKIS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,347,408 shares of the company’s stock, valued at approximately $8,098,000. Peak Resorts makes up 100.0% of Summer Road LLC’s holdings, making the stock its largest position. Summer Road LLC owned 9.64% of Peak Resorts at the end of the most recent quarter.

Peak Resorts, Inc is a holding company. The Company, through its subsidiaries, owns or leases, and operates day ski and overnight drive ski resorts in the United States. As of April 30, 2015, the Company operated 13 ski resorts, including five overnight drive ski resorts and eight day ski resorts located across six states, including Wildwood and Weston, Missouri; Bellefontaine and Cleveland, Ohio; Paoli, Indiana; Blakeslee and Lake Harmony, Pennsylvania; Bartlett, Bennington and Pinkham Notch, New Hampshire, and West Dover, Vermont.

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