QuinStreet Inc. (NASDAQ:QNST) traded down 3.6% during trading on Thursday . The company traded as low as $3.44 and last traded at $3.46, with a volume of 69,053 shares. The stock had previously closed at $3.59.

Separately, Stephens upgraded shares of QuinStreet from an “equal weight” rating to an “overweight” rating in a research note on Monday, May 2nd.

The company has a 50 day moving average price of $3.53 and a 200-day moving average price of $3.41. The stock’s market cap is $157.14 million.

QuinStreet (NASDAQ:QNST) last issued its quarterly earnings results on Tuesday, May 10th. The company reported $0.03 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.06 by $0.03. During the same quarter last year, the firm earned ($0.07) EPS. The firm earned $81.20 million during the quarter, compared to analyst estimates of $83.12 million. The business’s revenue was up 7.8% on a year-over-year basis. On average, equities analysts forecast that QuinStreet Inc. will post $0.03 earnings per share for the current year.

An institutional investor recently raised its position in QuinStreet stock. Dimensional Fund Advisors LP raised its position in QuinStreet Inc. (NASDAQ:QNST) by 18.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 661,294 shares of the company’s stock after buying an additional 103,461 shares during the period. Dimensional Fund Advisors LP owned about 1.47% of QuinStreet worth $2,837,000 as of its most recent SEC filing.

QuinStreet, Inc is an online performance marketing company. The Company provides vertically oriented customer acquisition programs for its clients. The Company operating segments include Direct Marketing Services (DMS) business. Its DMS business derives its net revenue from fees earned through the delivery of qualified leads, clicks, calls or customers, and display advertisements, or impressions.

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