Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) saw strong trading volume on Friday . 489,718 shares changed 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 weighed in on the stock. Robert W. Baird reiterated a “hold” rating on shares of Papa Murphy’s Holdings in a research report on Monday, May 16th. TheStreet upgraded shares of Papa Murphy’s Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, May 25th. Finally, Jefferies Group cut shares of Papa Murphy’s Holdings from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $14.00 to $10.00 in a research 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 stock currently has a consensus rating of “Hold” and an average price target of $11.00.

The company has a market capitalization of $90.93 million and a P/E ratio of 30.28. The stock’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 earnings results on Wednesday, August 3rd. The company reported $0.06 earnings per share (EPS) for the quarter, topping the Zacks’ 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. Papa Murphy’s Holdings’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.09 earnings per share. On average, equities research analysts expect that Papa Murphy’s Holdings Inc. will post $0.28 earnings per share for the current fiscal 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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