PRGX Global Inc. (PRGX) Trading Up 4.3%
PRGX Global Inc. (NASDAQ:PRGX) was up 4.3% on Wednesday . The company traded as high as $5.15 and last traded at $5.05, with a volume of 50,693 shares changing hands. The stock had previously closed at $4.84.
A number of equities research analysts recently weighed in on PRGX shares. B. Riley reiterated a “buy” rating and set a $6.00 price objective on shares of PRGX Global in a report on Saturday, July 30th. Zacks Investment Research upgraded shares of PRGX Global from a “hold” rating to a “buy” rating and set a $5.50 price objective for the company in a report on Friday, July 8th.
The firm’s market capitalization is $109.16 million. The company’s 50 day moving average is $4.99 and its 200-day moving average is $4.68.
PRGX Global (NASDAQ:PRGX) last released its earnings results on Tuesday, July 26th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.06 by $0.09. Equities research analysts expect that PRGX Global Inc. will post $0.07 earnings per share for the current year.
An institutional investor recently raised its position in PRGX Global stock. Dimensional Fund Advisors LP boosted its position in shares of PRGX Global Inc. (NASDAQ:PRGX) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 671,650 shares of the company’s stock after buying an additional 14,698 shares during the period. Dimensional Fund Advisors LP owned approximately 2.94% of PRGX Global worth $2,499,000 at the end of the most recent reporting period.
PRGX Global, Inc (PRGX), together with its subsidiaries, provides recovery audit and spend analytics services. The Company provides recovery audit, procure-to-pay performance improvement, spend analytics and risk management services principally to large businesses and government agencies. The Company operates through three segments: Recovery Audit Services-Americas, Recovery Audit Services-Europe/Asia-Pacific and Adjacent Services.
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