PRGX Global (PRGX) Earning Somewhat Positive Media Coverage, Study Finds
Media stories about PRGX Global (NASDAQ:PRGX) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PRGX Global earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 44.8083932055686 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of PRGX Global (NASDAQ PRGX) traded down $0.20 during mid-day trading on Friday, hitting $7.65. The company had a trading volume of 9,677 shares, compared to its average volume of 22,582. PRGX Global has a 52-week low of $5.35 and a 52-week high of $8.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.59 and a quick ratio of 1.59. The company has a market cap of $175.80, a price-to-earnings ratio of -69.55 and a beta of 1.08.
A number of equities research analysts recently issued reports on PRGX shares. Zacks Investment Research lowered PRGX Global from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 6th. B. Riley set a $8.00 price target on PRGX Global and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $7.00.
About PRGX Global
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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