B. Riley Lowers PRGX Global Price Target to $7.75 (PRGX)
B. Riley dropped their price objective on shares of PRGX Global (NASDAQ:PRGX) from $9.75 to $7.75 in a research note issued on Wednesday, American Banking and Market News reports. B. Riley’s price target would indicate a potential upside of 25.20% from the stock’s previous close.
Shares of PRGX Global (NASDAQ:PRGX) traded down 0.32% on Wednesday, hitting $6.17. The stock had a trading volume of 121,341 shares. PRGX Global has a 1-year low of $4.80 and a 1-year high of $7.76. The stock has a 50-day moving average of $6.76 and a 200-day moving average of $6.57. The company has a market cap of $180.3 million and a P/E ratio of 22.84.
PRGX Global (NASDAQ:PRGX) last issued its quarterly earnings data on Monday, February 24th. The company reported ($0.22) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.24. During the same quarter last year, the company posted $0.06 earnings per share. On average, analysts predict that PRGX Global will post $0.25 earnings per share for the current fiscal year.
PRGX Global, Inc (NASDAQ:PRGX), together with its subsidiaries, is an analytics-powered information and professional services company.
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