StarTek (SRT) Receives Coverage Optimism Rating of 0.11
Media stories about StarTek (NYSE:SRT) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. StarTek earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 46.0263441961012 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
SRT has been the topic of a number of research analyst reports. Lake Street Capital raised their price target on StarTek from $11.00 to $14.00 and gave the stock a “buy” rating in a research report on Thursday, August 10th. Zacks Investment Research lowered StarTek from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th. Robert W. Baird reissued a “hold” rating and issued a $12.00 target price on shares of StarTek in a research report on Wednesday, October 4th. Finally, Royal Bank Of Canada dropped their target price on StarTek from C$11.25 to C$11.00 and set a “sector perform” rating on the stock in a research report on Monday, November 6th.
Shares of StarTek (NYSE SRT) traded up $0.01 during trading on Wednesday, reaching $9.81. The company had a trading volume of 84,700 shares, compared to its average volume of 73,828. StarTek has a 1-year low of $7.68 and a 1-year high of $14.78. The firm has a market cap of $164.98, a price-to-earnings ratio of 73.00 and a beta of -0.12. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.41 and a current ratio of 2.41.
StarTek, Inc is a customer engagement business process outsourcing (BPO) services provider, delivering customer care solutions. The Company operates through three segments: Domestic, Nearshore and Offshore. As of December 31, 2016, its Domestic segment included the operations of 13 facilities in the United States and one facility in Canada; its Offshore segment included the operations of four facilities in the Philippines, and its Nearshore segment included the operations of two facilities in Honduras and one facility in Jamaica.
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