CafePress Inc. (NASDAQ:PRSS) hit a new 52-week low on Tuesday . The stock traded as low as $2.92 and last traded at $2.97, with a volume of 31,009 shares. The stock had previously closed at $2.95.

PRSS has been the subject of a number of recent analyst reports. Cantor Fitzgerald reaffirmed a “hold” rating on shares of CafePress in a report on Saturday, June 4th. Jefferies Group reaffirmed a “hold” rating and set a $4.50 target price on shares of CafePress in a report on Friday, May 6th. Finally, Zacks Investment Research raised CafePress from a “sell” rating to a “hold” rating in a report on Tuesday, April 19th.

The company’s market capitalization is $48.23 million. The firm’s 50-day moving average price is $3.13 and its 200-day moving average price is $3.40.

CafePress (NASDAQ:PRSS) last announced its quarterly earnings results on Thursday, August 4th. The company reported ($0.08) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.08). The business had revenue of $19.80 million for the quarter, compared to the consensus estimate of $19.20 million. During the same period in the previous year, the company earned ($0.03) earnings per share. The company’s revenue for the quarter was down 8.8% compared to the same quarter last year. On average, equities research analysts expect that CafePress Inc. will post ($0.18) earnings per share for the current fiscal year.

In other news, major shareholder Lloyd I. Miller III bought 21,800 shares of the stock in a transaction on Thursday, June 16th. The shares were bought at an average price of $3.10 per share, with a total value of $67,580.00. Following the completion of the acquisition, the insider now owns 1,233,500 shares in the company, valued at $3,823,850. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Lloyd I. Miller III bought 18,700 shares of the stock in a transaction on Tuesday, May 24th. The stock was purchased at an average cost of $3.10 per share, for a total transaction of $57,970.00. Following the acquisition, the insider now owns 1,233,500 shares of the company’s stock, valued at approximately $3,823,850. The disclosure for this purchase can be found here.

CafePress Inc is an online retailer of personalized products offering various gifts and accessories, including t-shirts and apparel, mugs and drinkware, and home goods, such as custom shower curtains and bed coverings. The Company conducts its business on its primary United States-based domain, CafePress.com, and also operates CafePress branded Websites for the markets in the United Kingdom, Canada and Australia.

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