U.S. Auto Parts Network Inc. (PRTS) Trading Down 9.1%
U.S. Auto Parts Network Inc. (NASDAQ:PRTS)’s share price dropped 9.1% during mid-day trading on Tuesday . The company traded as low as $3.50 and last traded at $3.59, with a volume of 197,376 shares. The stock had previously closed at $3.95.
Separately, Zacks Investment Research raised shares of U.S. Auto Parts Network from a “hold” rating to a “buy” rating and set a $3.50 price objective on the stock in a report on Thursday, April 21st.
The stock has a 50-day moving average price of $4.06 and a 200-day moving average price of $3.31. The firm’s market cap is $120.68 million.
U.S. Auto Parts Network (NASDAQ:PRTS) last posted its quarterly earnings data on Monday, May 9th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.01. The company had revenue of $80.70 million for the quarter, compared to analyst estimates of $78.70 million. On average, analysts expect that U.S. Auto Parts Network Inc. will post $0.04 EPS for the current year.
U.S. Auto Parts Network, Inc is an online source for automotive aftermarket parts and repair information. The Company is an online provider of aftermarket auto parts, including collision parts, engine parts, and performance parts and accessories. Its Websites provide a range of stock keeping units (SKUs) with detailed product descriptions and photographs.
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