U.S. Auto Parts Network Inc. (PRTS) Sees Strong Trading Volume
U.S. Auto Parts Network Inc. (NASDAQ:PRTS) saw strong trading volume on Wednesday . 155,183 shares traded hands during mid-day trading, an increase of 60% from the previous session’s volume of 97,153 shares.The stock last traded at $3.84 and had previously closed at $3.96.
Separately, Zacks Investment Research upgraded shares of U.S. Auto Parts Network from a “hold” rating to a “buy” rating and set a $3.50 target price on the stock in a research note on Thursday, April 21st.
The company has a 50-day moving average price of $4.04 and a 200 day moving average price of $3.36. The company has a market cap of $134.32 million and a PE ratio of 96.25.
U.S. Auto Parts Network (NASDAQ:PRTS) last posted its quarterly earnings data on Monday, August 8th. The company reported $0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.02. The firm had revenue of $78.10 million for the quarter, compared to the consensus estimate of $79.30 million. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. On average, equities research analysts expect that U.S. Auto Parts Network Inc. will post $0.05 earnings per share for the current fiscal year.
U.S. Auto Parts Network, Inc is an online source for automotive aftermarket parts and repair information. The Company is an online provider of aftermarket auto parts, including collision parts, engine parts, and performance parts and accessories. Its Websites provide a range of stock keeping units (SKUs) with detailed product descriptions and photographs.
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