CafePress Sets New 12-Month Low at $3.82 (PRSS)
Shares of CafePress (NASDAQ:PRSS) reached a new 52-week low during trading on Friday , AR Network reports. The company traded as low as $3.82 and last traded at $3.86, with a volume of 18,936 shares changing hands. The stock had previously closed at $3.86.
Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of CafePress in a research note on Wednesday, August 13th. They now have a $5.00 price target on the stock, down previously from $5.50. Five investment analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average price target of $6.31.
The stock’s 50-day moving average is $4.72 and its 200-day moving average is $5.37. The company’s market cap is $66.3 million.
CafePress (NASDAQ:PRSS) last released its earnings data on Tuesday, August 12th. The company reported ($0.11) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.10) by $0.01. The company had revenue of $51.40 million for the quarter, compared to the consensus estimate of $50.10 million. On average, analysts predict that CafePress will post $-0.16 earnings per share for the current fiscal year.
CafePress Inc (NASDAQ:PRSS) is an e-commerce platform enabling customers to create, buy and sell a range of customized and personalized products.
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