Computer Task Group, Inc. (NASDAQ:CTG)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $4.36 and last traded at $4.38, with a volume of 100 shares. The stock had previously closed at $4.40.

CTG has been the subject of several research reports. B. Riley set a $10.00 price target on shares of Computer Task Group and gave the stock a “buy” rating in a research note on Friday, October 19th. Barrington Research set a $9.00 price target on shares of Computer Task Group and gave the stock a “buy” rating in a research note on Monday, October 15th. Zacks Investment Research raised shares of Computer Task Group from a “sell” rating to a “hold” rating in a research note on Friday, August 24th. Finally, ValuEngine cut shares of Computer Task Group from a “buy” rating to a “hold” rating in a research note on Wednesday, July 18th.

The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.16 and a current ratio of 2.16. The company has a market cap of $62.83 million, a price-to-earnings ratio of 19.73, a price-to-earnings-growth ratio of 1.05 and a beta of 0.57.

Computer Task Group (NASDAQ:CTG) last released its earnings results on Thursday, October 18th. The information technology services provider reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. Computer Task Group had a net margin of 0.62% and a return on equity of 5.13%. The business had revenue of $90.26 million during the quarter, compared to analysts’ expectations of $88.62 million. Equities analysts anticipate that Computer Task Group, Inc. will post 0.28 EPS for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the stock. Millennium Management LLC acquired a new stake in Computer Task Group during the 1st quarter valued at $271,000. Crescent Grove Advisors LLC lifted its holdings in Computer Task Group by 54.0% during the 3rd quarter. Crescent Grove Advisors LLC now owns 106,778 shares of the information technology services provider’s stock valued at $557,000 after purchasing an additional 37,456 shares during the last quarter. Cove Street Capital LLC acquired a new stake in Computer Task Group during the 2nd quarter valued at $604,000. Ancora Advisors LLC lifted its holdings in Computer Task Group by 68.0% during the 3rd quarter. Ancora Advisors LLC now owns 150,758 shares of the information technology services provider’s stock valued at $787,000 after purchasing an additional 61,028 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Computer Task Group by 9,347.0% during the 1st quarter. JPMorgan Chase & Co. now owns 111,852 shares of the information technology services provider’s stock valued at $916,000 after purchasing an additional 110,668 shares during the last quarter. 52.07% of the stock is owned by institutional investors and hedge funds.

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Computer Task Group Company Profile (NASDAQ:CTG)

Computer Task Group, Incorporated, together with its subsidiaries, operates as an information technology solutions and staffing services company in North America, Europe, and India. Its IT solutions include the implementation and optimization of packaged software applications; development and deployment of customized software and solutions designed to fit the needs of a specific client or market; and design and distribution of complex technology components, as well as offers consulting services.

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