First Analysis Downgrades StarTek to Equal Weight (SRT)
StarTek (NYSE:SRT) was downgraded by analysts at First Analysis from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports.
Shares of StarTek (NYSE:SRT) opened at 6.58 on Wednesday. StarTek has a one year low of $5.77 and a one year high of $7.83. The stock’s 50-day moving average is $7.34 and its 200-day moving average is $7.04. The company’s market cap is $101.2 million.
StarTek (NYSE:SRT) last released its earnings data on Tuesday, August 12th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.17. The company had revenue of $61.25 million for the quarter, compared to the consensus estimate of $64.19 million. Analysts expect that StarTek will post $-0.05 EPS for the current fiscal year.
StarTek, Inc is a provider of business process outsourcing services. The Company’s service suite includes customer care, sales support, complex order processing, accounts receivable management, technical and product support, and other industry-specific processes.
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