Performance Sports Group Ltd. (NYSE:PSG) was down 3.6% during mid-day trading on Thursday . The company traded as low as $3.22 and last traded at $3.24, with a volume of 138,952 shares changing hands. The stock had previously closed at $3.36.

A number of equities research analysts have issued reports on PSG shares. Royal Bank Of Canada reissued a “sector perform” rating and set a $3.50 price target on shares of Performance Sports Group in a research report on Thursday, June 9th. Bank of America Corp. reissued a “sell” rating on shares of Performance Sports Group in a research report on Thursday, June 9th. Zacks Investment Research downgraded Performance Sports Group from a “hold” rating to a “strong sell” rating in a research report on Friday, June 3rd. Roth Capital reissued a “buy” rating on shares of Performance Sports Group in a research report on Tuesday, July 12th. Finally, Wunderlich lowered their price target on Performance Sports Group from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, June 9th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $7.77.

The company has a 50-day moving average of $3.10 and a 200-day moving average of $4.29. The firm’s market cap is $149.91 million.

In other Performance Sports Group news, Director Daniel M. Friedberg purchased 75,000 shares of the stock in a transaction dated Tuesday, May 10th. The shares were bought at an average cost of $3.54 per share, with a total value of $265,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director C Michael Jacobi purchased 43,000 shares of the stock in a transaction dated Monday, May 9th. The stock was acquired at an average cost of $3.56 per share, for a total transaction of $153,080.00. Following the completion of the transaction, the director now owns 79,730 shares of the company’s stock, valued at approximately $283,838.80. The disclosure for this purchase can be found here.

Several large investors have modified their holdings of PSG. Boston Partners acquired a new stake in shares of Performance Sports Group during the fourth quarter valued at about $1,598,000. Foresters Investment Management Company Inc. increased its stake in shares of Performance Sports Group by 20.1% in the fourth quarter. Foresters Investment Management Company Inc. now owns 221,000 shares of the company’s stock valued at $2,128,000 after buying an additional 37,000 shares in the last quarter. Mutual of America Capital Management LLC increased its stake in shares of Performance Sports Group by 0.6% in the fourth quarter. Mutual of America Capital Management LLC now owns 262,070 shares of the company’s stock valued at $2,524,000 after buying an additional 1,567 shares in the last quarter. Finally, BlackRock Advisors LLC increased its stake in shares of Performance Sports Group by 37.1% in the fourth quarter. BlackRock Advisors LLC now owns 1,023,255 shares of the company’s stock valued at $9,853,000 after buying an additional 277,132 shares in the last quarter.

Performance Sports Group Ltd. is engaged in the design, manufacture and distribution of performance sports equipment for ice hockey, roller hockey, baseball and softball, lacrosse, as well as related apparel and accessories, including soccer apparel. The Company’s segments include Hockey, Baseball/Softball and Other Sports.

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