Peak Resorts Inc. (NASDAQ:SKIS)’s share price rose 3.3% during trading on Friday . The stock traded as high as $4.90 and last traded at $4.75, with a volume of 58,807 shares changing hands. The stock had previously closed at $4.60.

SKIS has been the topic of several recent analyst reports. Macquarie raised shares of Peak Resorts from an “underperform” rating to an “outperform” rating in a report on Thursday, May 26th. Zacks Investment Research raised shares of Peak Resorts from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 25th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $7.14.

The company’s 50-day moving average is $4.54 and its 200-day moving average is $4.09. The stock’s market cap is $64.46 million.

Peak Resorts (NASDAQ:SKIS) last posted its earnings results on Thursday, July 14th. The company reported ($0.50) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by $1.13. During the same period last year, the firm posted $0.70 EPS. The firm had revenue of $45.50 million for the quarter, compared to analysts’ expectations of $43.21 million. Peak Resorts’s quarterly revenue was down 3.2% on a year-over-year basis. On average, equities research analysts predict that Peak Resorts Inc. will post $0.29 earnings per share for the current year.

An institutional investor recently bought a new position in Peak Resorts stock. Summer Road LLC purchased a new position in Peak Resorts Inc. (NASDAQ:SKIS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 1,347,408 shares of the company’s stock, valued at approximately $8,098,000. Peak Resorts makes up approximately 100.0% of Summer Road LLC’s investment portfolio, making the stock its largest position. Summer Road LLC owned about 9.64% of Peak Resorts as of its most recent SEC filing.

Peak Resorts, Inc is a holding company. The Company, through its subsidiaries, owns or leases, and operates day ski and overnight drive ski resorts in the United States. As of April 30, 2015, the Company operated 13 ski resorts, including five overnight drive ski resorts and eight day ski resorts located across six states, including Wildwood and Weston, Missouri; Bellefontaine and Cleveland, Ohio; Paoli, Indiana; Blakeslee and Lake Harmony, Pennsylvania; Bartlett, Bennington and Pinkham Notch, New Hampshire, and West Dover, Vermont.

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