PDI Reaches New 52-Week Low at $2.71 (PDII)
PDI (NASDAQ:PDII)’s share price reached a new 52-week low during mid-day trading on Friday , American Banking and Market News reports. The company traded as low as $2.71 and last traded at $3.10, with a volume of 73,464 shares traded. The stock had previously closed at $3.14.
Separately, analysts at Roth Capital reiterated a “buy” rating on shares of PDI in a research note on Friday. They now have a $6.50 price target on the stock, down previously from $8.00.
The stock has a 50-day moving average of $3.99 and a 200-day moving average of $4.60. The company’s market cap is $48.5 million.
PDI (NASDAQ:PDII) last issued its quarterly earnings data on Wednesday, August 13th. The company reported ($0.17) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.12) by $0.05. The company had revenue of $31.60 million for the quarter, compared to the consensus estimate of $35.60 million. On average, analysts predict that PDI will post $-0.42 earnings per share for the current fiscal year.
PDI, Inc provides outsourced commercial services to established and emerging pharmaceutical, biotechnology and healthcare companies in the United States.
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