ValuEngine cut shares of Spok Holdings, Inc. (NASDAQ:SPOK) from a hold rating to a sell rating in a research note published on Thursday.

Separately, TheStreet downgraded Spok Holdings from a b- rating to a c rating in a research note on Thursday, April 27th.

Spok Holdings (NASDAQ SPOK) opened at 17.85 on Thursday. Spok Holdings has a one year low of $16.05 and a one year high of $22.60. The company has a market cap of $366.55 million, a price-to-earnings ratio of 32.51 and a beta of 0.67. The company has a 50-day moving average of $17.48 and a 200-day moving average of $19.00.

Spok Holdings (NASDAQ:SPOK) last posted its quarterly earnings data on Wednesday, April 26th. The Wireless communications provider reported $0.04 EPS for the quarter. Spok Holdings had a return on equity of 3.49% and a net margin of 6.49%. The firm had revenue of $41.44 million for the quarter. Equities research analysts expect that Spok Holdings will post $0.90 EPS for the current fiscal year.

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The firm also recently announced a quarterly dividend, which will be paid on Friday, June 23rd. Investors of record on Tuesday, May 23rd will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Friday, May 19th. Spok Holdings’s dividend payout ratio (DPR) is presently 89.29%.

In related news, CEO Vincent D. Kelly sold 10,000 shares of Spok Holdings stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $17.61, for a total transaction of $176,100.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.63% of the stock is currently owned by company insiders.

Spok Holdings Company Profile

USA Mobility, Inc (USA Mobility) is a holding company, which operates through its indirect wholly owned subsidiary, USA Mobility Wireless, Inc The Company is a provider of wireless messaging, mobile voice and data and unified communications solutions in the United States. In addition, through its indirect wholly owned subsidiary, Amcom Software, Inc (Amcom), it provides mission critical unified communications solutions for contact centers, emergency management, mobile event notification and Smartphone messaging.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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