U.S. Auto Parts Network Inc. (PRTS) Sees Strong Trading Volume
U.S. Auto Parts Network Inc. (NASDAQ:PRTS) shares saw an uptick in trading volume on Tuesday . 288,189 shares were traded during mid-day trading, an increase of 59% from the previous session’s volume of 181,319 shares.The stock last traded at $3.70 and had previously closed at $3.69.
Separately, Zacks Investment Research upgraded shares of 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 company has a market capitalization of $126.64 million and a P/E ratio of 90.75. The firm’s 50-day moving average is $4.06 and its 200-day moving average is $3.45.
U.S. Auto Parts Network (NASDAQ:PRTS) last announced its quarterly earnings results on Monday, August 8th. The company reported $0.03 EPS for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.02. The business had revenue of $78.10 million for the quarter, compared to the consensus estimate of $79.30 million. The business’s revenue was up 2.1% on a year-over-year basis. On average, equities analysts expect that U.S. Auto Parts Network Inc. will post $0.07 EPS 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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