GP Strategies Corp. (GPX) Shares Gap Up to $22.97
GP Strategies Corp. (NYSE:GPX) shares gapped up prior to trading on Friday . The stock had previously closed at $22.70, but opened at $22.97. GP Strategies Corp. shares last traded at $23.61, with a volume of 26,683 shares.
Several brokerages have issued reports on GPX. B. Riley reiterated a “buy” rating and issued a $27.00 price target on shares of GP Strategies Corp. in a report on Tuesday, July 26th. Zacks Investment Research raised GP Strategies Corp. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 29th. Roth Capital reissued a “buy” rating on shares of GP Strategies Corp. in a research note on Saturday, April 30th. Finally, TheStreet downgraded GP Strategies Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, May 12th.
The company has a market capitalization of $390.07 million and a PE ratio of 21.31. The company has a 50 day moving average of $21.76 and a 200 day moving average of $23.68.
GP Strategies Corp. (NYSE:GPX) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by $0.03. During the same quarter in the previous year, the company posted $0.27 EPS. The company earned $125.50 million during the quarter, compared to the consensus estimate of $127.96 million. GP Strategies Corp.’s revenue for the quarter was down .2% compared to the same quarter last year. On average, analysts predict that GP Strategies Corp. will post $1.20 EPS for the current year.
In other GP Strategies Corp. news, Director A Marvin Strait purchased 1,500 shares of GP Strategies Corp. stock in a transaction that occurred on Tuesday, August 2nd. The shares were bought at an average price of $22.55 per share, for a total transaction of $33,825.00. Following the acquisition, the director now directly owns 29,933 shares in the company, valued at $674,989.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
GP Strategies Corporation (GP Strategies) is a global performance improvement solutions provider of sales and technical training, e-learning solutions, management consulting and engineering services. The Company operates in five segments: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, RWD and Energy Services.
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