Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) was up 2.4% during mid-day trading on Monday . The stock traded as high as $7.25 and last traded at $7.17, with a volume of 82,669 shares changing hands. The stock had previously closed at $7.00.

Several equities research analysts recently issued reports on FRSH shares. TheStreet raised shares of Papa Murphy’s Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, May 25th. Robert W. Baird reiterated a “hold” rating on shares of Papa Murphy’s Holdings in a research report on Monday, May 16th. Zacks Investment Research downgraded shares of Papa Murphy’s Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, April 6th. Finally, Jefferies Group downgraded shares of Papa Murphy’s Holdings from a “buy” rating to a “hold” rating and cut their target price for the stock from $14.00 to $10.00 in a research report on Thursday, May 5th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company. Papa Murphy’s Holdings has an average rating of “Hold” and a consensus target price of $12.00.

The stock has a market cap of $115.70 million and a PE ratio of 38.53. The stock has a 50-day moving average price of $7.08 and a 200 day moving average price of $9.23.

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

An institutional investor recently raised its position in Papa Murphy’s Holdings stock. Boston Partners boosted its position in 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. The firm owned 423,001 shares of the company’s stock after buying an additional 12,667 shares during the period. Boston Partners owned approximately 2.49% of Papa Murphy’s Holdings worth $4,763,000 at the end of the most recent reporting period.

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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