Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) shares saw unusually-strong trading volume on Friday . Approximately 489,718 shares traded hands during trading, an increase of 113% from the previous session’s volume of 230,422 shares.The stock last traded at $5.48 and had previously closed at $5.60.

Several equities analysts have recently issued reports on FRSH shares. Jefferies Group reissued a “hold” rating and set a $7.00 price target (down previously from $9.00) on shares of Papa Murphy’s Holdings in a report on Thursday. TheStreet raised shares of Papa Murphy’s Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, May 25th. Finally, Robert W. Baird reissued a “hold” rating on shares of Papa Murphy’s Holdings in a report on Monday, May 16th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $11.00.

The company has a market cap of $90.93 million and a price-to-earnings ratio of 30.28. The firm’s 50 day moving average price is $6.97 and its 200 day moving average price is $9.16.

Papa Murphy’s Holdings (NASDAQ:FRSH) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. The business had revenue of $29.90 million for the quarter, compared to analyst estimates of $33.44 million. During the same quarter last year, the firm earned $0.09 earnings per share. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, equities analysts predict that Papa Murphy’s Holdings Inc. will post $0.28 EPS for the current year.

An institutional investor recently raised its position in Papa Murphy’s Holdings stock. Boston Partners raised its position in Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 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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