Somewhat Favorable Press Coverage Somewhat Unlikely to Impact PRGX Global (PRGX) Stock Price
Media coverage about PRGX Global (NASDAQ:PRGX) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. PRGX Global earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 45.2343861414612 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of analysts have issued reports on PRGX shares. Zacks Investment Research downgraded PRGX Global from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 6th. B. Riley set a $8.00 target price on PRGX Global and gave the stock a “buy” rating in a research report on Tuesday, October 31st. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. PRGX Global has a consensus rating of “Buy” and an average target price of $7.00.
PRGX Global (NASDAQ PRGX) traded up $0.10 during trading on Thursday, hitting $7.50. The stock had a trading volume of 118,000 shares, compared to its average volume of 27,559. PRGX Global has a 52-week low of $5.10 and a 52-week high of $7.90. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.59 and a quick ratio of 1.59.
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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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