U.S. Auto Parts Network Inc. (PRTS) Shares Down 9.1%
U.S. Auto Parts Network Inc. (NASDAQ:PRTS)’s share price was down 9.1% during mid-day trading on Tuesday . The stock traded as low as $3.50 and last traded at $3.59, with a volume of 197,376 shares trading hands. The stock had previously closed at $3.95.
Separately, Zacks Investment Research upgraded U.S. Auto Parts Network from a “hold” rating to a “strong-buy” rating and set a $3.75 target price on the stock in a research note on Wednesday, May 11th.
The stock’s 50-day moving average is $4.05 and its 200-day moving average is $3.32. The company’s market cap is $130.04 million.
U.S. Auto Parts Network (NASDAQ:PRTS) last issued its earnings results on Monday, May 9th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.01. The company earned $80.70 million during the quarter, compared to analysts’ expectations of $78.70 million. Equities research analysts expect that U.S. Auto Parts Network Inc. will post $0.04 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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