PFSweb, Inc. (NASDAQ:PFSW) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday.

According to Zacks, “PFSWeb Inc. is an international provider of transaction management services for both traditional commerce and electronic commerce, or e-commerce, companies. The company provides a broad range of services, including order management, customer care services, billing services, information management and fulfillment and distribution services. The fulfillment and distribution services are conducted at the warehouses and include picking, packing and shipping the clients’ customer orders. “

A number of other analysts also recently weighed in on the stock. Craig Hallum downgraded shares of PFSweb from a “buy” rating to a “hold” rating in a research report on Thursday. Canaccord Genuity downgraded shares of PFSweb from a “buy” rating to a “hold” rating in a research report on Thursday. B. Riley reissued a “buy” rating and set a $13.00 price target on shares of PFSweb in a research report on Tuesday, November 7th. Finally, Northland Securities reissued a “buy” rating and set a $11.00 price target on shares of PFSweb in a research report on Thursday, September 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $10.75.

PFSweb (NASDAQ:PFSW) traded down $0.11 during mid-day trading on Friday, hitting $6.95. 167,500 shares of the stock were exchanged, compared to its average volume of 61,207. PFSweb has a twelve month low of $5.83 and a twelve month high of $9.60. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.13 and a quick ratio of 1.04. The firm has a market capitalization of $132.19, a P/E ratio of 231.67 and a beta of 0.89.

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Institutional investors have recently added to or reduced their stakes in the business. Parametric Portfolio Associates LLC boosted its holdings in PFSweb by 25.7% in the first quarter. Parametric Portfolio Associates LLC now owns 23,503 shares of the business services provider’s stock worth $153,000 after purchasing an additional 4,811 shares during the period. Macquarie Group Ltd. acquired a new position in PFSweb in the third quarter worth $230,000. LMR Partners LLP acquired a new position in PFSweb in the second quarter worth $309,000. UBS Group AG boosted its holdings in PFSweb by 194.9% in the first quarter. UBS Group AG now owns 50,895 shares of the business services provider’s stock worth $333,000 after purchasing an additional 33,637 shares during the period. Finally, Susquehanna International Group LLP acquired a new position in PFSweb in the second quarter worth $432,000. 57.95% of the stock is owned by hedge funds and other institutional investors.

PFSweb Company Profile

PFSWEB, Inc is a global provider of omni-channel commerce solutions, including a range of technology, infrastructure and professional services. The Company’s service offerings include Website design, creation and integration, digital agency and marketing, e-commerce technologies, order management, customer care, logistics and fulfillment, financial management and professional consulting.

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Analyst Recommendations for PFSweb (NASDAQ:PFSW)

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