Teleperformance (OTCMKTS:TLPFY) Shares Gap Down After Analyst Downgrade

Teleperformance SE (OTCMKTS:TLPFY) gapped down before the market opened on Monday after Zacks Research downgraded the stock from a hold rating to a strong sell rating. The stock had previously closed at $39.64, but opened at $37.73. Teleperformance shares last traded at $38.02, with a volume of 702 shares trading hands.

Separately, Citigroup reissued a “neutral” rating on shares of Teleperformance in a report on Wednesday, September 30th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce”.

Teleperformance Stock Up 0.9%

The stock’s 50 day moving average is $41.33 and its two-hundred day moving average is $35.33.

Teleperformance Company Profile

Teleperformance is a France-based provider of customer experience and business process services. Founded in Paris in 1978, the company helps businesses and public-sector organizations manage interactions with their customers and users. Its services include customer care, technical support, sales, back-office operations, content moderation and trust-and-safety services. Teleperformance also provides specialized services such as interpretation and visa application support. The company serves clients across a broad range of industries and operates in countries around the world, supporting interactions in many languages and through digital and traditional channels.