Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) reached a new 52-week low on Thursday . The stock traded as low as $5.86 and last traded at $5.89, with a volume of 864,364 shares trading hands. The stock had previously closed at $7.11.

Several equities research analysts have recently weighed in on the company. Jefferies Group reissued a “hold” rating and issued a $7.00 price objective (down from $9.00) on shares of Papa Murphy’s Holdings in a report on Thursday. TheStreet upgraded Papa Murphy’s Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, May 25th. Robert W. Baird restated a “hold” rating on shares of Papa Murphy’s Holdings in a research note on Monday, May 16th. Finally, Zacks Investment Research cut Papa Murphy’s Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, April 6th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. The company currently has an average rating of “Hold” and an average target price of $11.00.

The company has a 50 day moving average of $7.07 and a 200-day moving average of $9.22. The company has a market capitalization of $95.00 million and a price-to-earnings ratio of 31.64.

Papa Murphy’s Holdings (NASDAQ:FRSH) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. The business had revenue of $29.90 million for the quarter, compared to analysts’ expectations of $33.44 million. During the same quarter in the prior year, the firm earned $0.09 earnings per share. Papa Murphy’s Holdings’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, equities analysts forecast that Papa Murphy’s Holdings Inc. will post $0.32 EPS for the current fiscal year.

An institutional investor recently raised its position in Papa Murphy’s Holdings stock. Boston Partners raised its stake 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 fund owned 423,001 shares of the company’s stock after buying an additional 12,667 shares during the period. Boston Partners owned about 2.49% of Papa Murphy’s Holdings worth $4,763,000 as of its most recent filing with the SEC.

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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