Papa Murphy’s Holdings Inc. (NASDAQ:FRSH)’s share price was down 3.5% during mid-day trading on Tuesday . The stock traded as low as $7.08 and last traded at $7.12, with a volume of 222,107 shares trading hands. The stock had previously closed at $7.38.

Several equities analysts recently issued reports on FRSH shares. Zacks Investment Research cut Papa Murphy’s Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, March 31st. TheStreet raised Papa Murphy’s Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, May 25th. Robert W. Baird reaffirmed a “hold” rating on shares of Papa Murphy’s Holdings in a research report on Monday, May 16th. Finally, Jefferies Group cut Papa Murphy’s Holdings from a “buy” rating to a “hold” rating and lowered their price objective for the company from $14.00 to $10.00 in a research report on Thursday, May 5th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $12.00.

The firm’s 50-day moving average is $7.17 and its 200-day moving average is $9.40. The stock has a market cap of $119.26 million and a PE ratio of 39.72.

Papa Murphy’s Holdings (NASDAQ:FRSH) last announced its quarterly earnings data on Wednesday, May 4th. The company reported $0.04 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.13 by $0.09. During the same quarter last year, the firm earned $0.15 EPS. The firm had revenue of $32.99 million for the quarter, compared to analyst estimates of $33.90 million. The company’s quarterly revenue was up 13.1% on a year-over-year basis. Equities analysts predict that Papa Murphy’s Holdings Inc. will post $0.32 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in Papa Murphy’s Holdings stock. Boston Partners boosted its position in shares of Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) by 3.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 423,001 shares of the company’s stock after buying an additional 12,667 shares during the period. Boston Partners owned 2.49% of Papa Murphy’s Holdings worth $4,763,000 at the end of the most recent quarter.

Papa Murphy’s Holdings, Inc is a holding company. The Company, together with its subsidiaries, is a franchisor and operator of the Take ‘N’ Bake pizza chain in the United States. The Company franchises the right to operate Take ‘N’ Bake pizza franchises and operates Take ‘N’ Bake pizza stores owned by the Company.

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