Geeknet Inc. Reaches New 12-Month High at $19.02 (GKNT)
Shares of Geeknet (NASDAQ:GKNT) hit a new 52-week high during trading hours on Monday, Stock Ratings Network.com reports. The company traded as high as $19.02 and last traded at $18.79, with a volume of 78,344 shares trading hands. The stock had previously closed at $17.90.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Geeknet from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, October 7th. They now have a $18.20 price target on the stock. Separately, analysts at TheStreet upgraded shares of Geeknet from a “sell” rating to a “hold” rating in a research note to investors on Tuesday, August 13th.
Geeknet has a 52-week low of $12.38 and a 52-week high of $19.02. The stock has a 50-day moving average of $16.63 and a 200-day moving average of $14.82. The company has a market cap of $124.1 million and a price-to-earnings ratio of 11.14.
Geeknet (NASDAQ:GKNT) last announced its earnings results on Thursday, August 1st. The company reported ($0.22) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.38) by $0.16. The company had revenue of $22.00 million for the quarter, compared to the consensus estimate of $20.48 million. On average, analysts predict that Geeknet will post $0.21 earnings per share for the current fiscal year.
Geeknet, Inc (NASDAQ:GKNT) is an online network for the global geek community, which is consisted of technology enthusiasts and general consumers of geek-themed, technology-oriented and culture goods.
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