U.S. Auto Parts Network Inc. (PRTS) Trading Up 5.3%
Shares of U.S. Auto Parts Network Inc. (NASDAQ:PRTS) were up 5.3% during mid-day trading on Friday . The stock traded as high as $3.60 and last traded at $3.55, with a volume of 161,738 shares. The stock had previously closed at $3.37.
Separately, Zacks Investment Research raised U.S. Auto Parts Network from a “hold” rating to a “strong-buy” rating and set a $4.50 target price on the stock in a research note on Friday, August 12th.
The stock has a 50 day moving average of $4.03 and a 200-day moving average of $3.45. The firm has a market cap of $122.11 million and a P/E ratio of 87.50.
U.S. Auto Parts Network (NASDAQ:PRTS) last announced 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 company earned $78.10 million during the quarter, compared to analysts’ expectations of $79.30 million. The company’s quarterly revenue was up 2.1% on a year-over-year basis. Equities analysts predict that U.S. Auto Parts Network Inc. will post $0.07 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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