Park City Group, Inc. (NASDAQ:PCYG) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.55 and traded as high as $6.06. Park City Group shares last traded at $5.99, with a volume of 48,328 shares trading hands.

The stock’s 50-day moving average is $6.07 and its 200 day moving average is $5.56. The firm has a market cap of $109.53 million, a P/E ratio of 70.01 and a beta of 1.58.

Park City Group (NASDAQ:PCYG) last released its earnings results on Tuesday, February 16th. The technology company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $5.17 million during the quarter. Park City Group had a return on equity of 4.63% and a net margin of 9.63%.

Several hedge funds and other institutional investors have recently made changes to their positions in PCYG. Mercer Global Advisors Inc. ADV bought a new position in shares of Park City Group in the 4th quarter valued at about $59,000. Rhumbline Advisers grew its holdings in shares of Park City Group by 20.5% in the 4th quarter. Rhumbline Advisers now owns 13,162 shares of the technology company’s stock valued at $63,000 after acquiring an additional 2,239 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Park City Group by 25.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,381 shares of the technology company’s stock valued at $67,000 after acquiring an additional 2,730 shares in the last quarter. Morgan Stanley grew its holdings in shares of Park City Group by 123.1% in the 3rd quarter. Morgan Stanley now owns 18,329 shares of the technology company’s stock valued at $90,000 after acquiring an additional 10,114 shares in the last quarter. Finally, Nuveen Asset Management LLC lifted its stake in Park City Group by 6.1% in the 4th quarter. Nuveen Asset Management LLC now owns 32,347 shares of the technology company’s stock valued at $155,000 after purchasing an additional 1,863 shares during the last quarter. Institutional investors own 29.43% of the company’s stock.

About Park City Group (NASDAQ:PCYG)

Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in North America and internationally. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution; ReposiTrak Compliance and Food Safety Solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain Solutions that enables customers to manage relationships with suppliers.

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