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

FRSH has been the topic of several recent analyst reports. Jefferies Group reiterated a “hold” rating and set a $7.00 target price (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 report on Wednesday, May 25th. Finally, Robert W. Baird lowered Papa Murphy’s Holdings from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $13.00 to $11.00 in a report on Thursday, May 5th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $11.00.

The stock has a market cap of $90.93 million and a P/E ratio of 30.28. The company’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 announced its quarterly earnings results 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 company had revenue of $29.90 million for the quarter, compared to analyst estimates of $33.44 million. During the same quarter last year, the company posted $0.09 earnings per share. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. Equities research analysts anticipate that Papa Murphy’s Holdings Inc. will post $0.28 EPS for the current year.

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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