U.S. Auto Parts Network Inc. (PRTS) Trading 3.5% Higher
Shares of U.S. Auto Parts Network Inc. (NASDAQ:PRTS) traded up 3.5% on Tuesday . The stock traded as high as $4.23 and last traded at $4.12, with a volume of 109,791 shares. The stock had previously closed at $3.98.
Separately, Zacks Investment Research raised U.S. Auto Parts Network from a “hold” rating to a “strong-buy” rating and set a $4.50 price target for the company in a report on Friday, August 12th.
The firm’s 50-day moving average is $4.07 and its 200 day moving average is $3.41. The company has a market capitalization of $145.13 million and a PE ratio of 104.00.
U.S. Auto Parts Network (NASDAQ:PRTS) last issued its quarterly earnings data on Monday, August 8th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. The company earned $78.10 million during the quarter, compared to analysts’ expectations of $79.30 million. U.S. Auto Parts Network’s revenue was up 2.1% compared to the same quarter last year. Equities analysts anticipate that U.S. Auto Parts Network Inc. will post $0.07 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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