U.S. Auto Parts Network, Inc. (NASDAQ:PRTS) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $0.99 and last traded at $1.03, with a volume of 2000 shares. The stock had previously closed at $1.12.

Several research analysts recently commented on the stock. ValuEngine raised shares of U.S. Auto Parts Network from a “hold” rating to a “buy” rating in a research note on Saturday, September 22nd. Zacks Investment Research raised shares of U.S. Auto Parts Network from a “sell” rating to a “hold” rating in a research note on Wednesday, August 1st. Finally, Barrington Research set a $5.00 target price on shares of U.S. Auto Parts Network and gave the stock a “buy” rating in a research note on Monday, October 29th.

The company has a current ratio of 1.31, a quick ratio of 0.29 and a debt-to-equity ratio of 0.20. The stock has a market cap of $39.19 million, a PE ratio of 10.30 and a beta of 1.06.

U.S. Auto Parts Network (NASDAQ:PRTS) last issued its quarterly earnings data on Monday, October 29th. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.02. The business had revenue of $69.46 million for the quarter, compared to the consensus estimate of $71.59 million. U.S. Auto Parts Network had a negative net margin of 1.16% and a positive return on equity of 2.10%.

Institutional investors have recently modified their holdings of the business. B. Riley Financial Inc. purchased a new position in U.S. Auto Parts Network during the 2nd quarter valued at $273,000. Bard Associates Inc. purchased a new position in U.S. Auto Parts Network during the 2nd quarter valued at $225,000. Finally, North Star Investment Management Corp. increased its position in U.S. Auto Parts Network by 13.9% during the 3rd quarter. North Star Investment Management Corp. now owns 1,733,335 shares of the specialty retailer’s stock valued at $2,687,000 after purchasing an additional 211,000 shares during the period. 36.68% of the stock is currently owned by institutional investors and hedge funds.

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U.S. Auto Parts Network Company Profile (NASDAQ:PRTS)

U.S. Auto Parts Network, Inc, together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories primarily in the United States and the Philippines. It offers collision parts, such as parts for the exterior of an automobile; mirror products; engine parts comprising engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories to individual consumers through its network of e-commerce Websites and online marketplaces.

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