Shares of Papa Murphy’s Holdings Inc. (NASDAQ:FRSH) reached a new 52-week low on Wednesday . The stock traded as low as $5.15 and last traded at $5.27, with a volume of 520,230 shares trading hands. The stock had previously closed at $5.24.

Several research firms have weighed in on FRSH. Jefferies Group lowered shares of Papa Murphy’s Holdings from a “buy” rating to a “hold” rating and lowered their target price for the company from $14.00 to $10.00 in a research note on Thursday, May 5th. Robert W. Baird lowered shares of Papa Murphy’s Holdings from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $13.00 to $11.00 in a research note on Thursday, May 5th. Finally, TheStreet upgraded shares of Papa Murphy’s Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, May 25th. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $11.00.

The company has a 50-day moving average of $6.86 and a 200-day moving average of $9.08. The stock has a market capitalization of $95.85 million and a price-to-earnings ratio of 17.66.

Papa Murphy’s Holdings (NASDAQ:FRSH) last announced its quarterly earnings results on Wednesday, August 3rd. The company reported $0.06 EPS for the quarter, beating 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 business earned $0.09 EPS. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. Equities research analysts expect that Papa Murphy’s Holdings Inc. will post $0.26 EPS 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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