U.S. Auto Parts Network Inc. (PRTS) Trading Down 15.4%
U.S. Auto Parts Network Inc. (NASDAQ:PRTS)’s share price dropped 15.4% on Monday . The stock traded as low as $3.50 and last traded at $3.63, with a volume of 478,368 shares trading hands. The stock had previously closed at $4.29.
Separately, Zacks Investment Research upgraded shares of U.S. Auto Parts Network from a “hold” rating to a “buy” rating and set a $3.50 target price for the company in a report on Wednesday, April 27th.
The firm’s 50-day moving average is $4.06 and its 200-day moving average is $3.45. The firm has a market capitalization of $124.20 million and a PE ratio of 89.00.
U.S. Auto Parts Network (NASDAQ:PRTS) last issued its quarterly earnings results on Monday, August 8th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. The business earned $78.10 million during the quarter, compared to the consensus estimate of $79.30 million. The company’s revenue was up 2.1% compared to the same quarter last year. Analysts anticipate that U.S. Auto Parts Network Inc. will post $0.07 earnings per share 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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