Geeknet Reaches New 52-Week Low at $12.10 (GKNT)
Shares of Geeknet (NASDAQ:GKNT) hit a new 52-week low during trading on Monday , Stock Ratings Network.com reports. The company traded as low as $12.10 and last traded at $12.14, with a volume of 10,217 shares. The stock had previously closed at $12.44.
A number of analysts have recently weighed in on GKNT shares. Analysts at Zacks downgraded shares of Geeknet from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 27th. They now have a $12.60 price target on the stock.
The stock has a 50-day moving average of $13.18 and a 200-day moving average of $15.19. The company’s market cap is $82.8 million.
Geeknet (NASDAQ:GKNT) last released its earnings data on Thursday, May 8th. The company reported ($0.34) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.29) by $0.05.
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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