PRGX Global Inc (NASDAQ:PRGX) SVP Victor A. Allums sold 18,000 shares of the business’s stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $8.49, for a total value of $152,820.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
PRGX Global Inc (NASDAQ PRGX) traded up $0.55 during trading hours on Monday, reaching $8.50. The company’s stock had a trading volume of 191,950 shares, compared to its average volume of 41,749. PRGX Global Inc has a 52-week low of $5.40 and a 52-week high of $8.95. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.25. The firm has a market cap of $178.04, a P/E ratio of 60.00, a P/E/G ratio of 3.35 and a beta of 1.06.
PRGX Global (NASDAQ:PRGX) last released its quarterly earnings results on Thursday, March 1st. The business services provider reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05. PRGX Global had a return on equity of 5.87% and a net margin of 1.97%. The firm had revenue of $47.07 million during the quarter, compared to the consensus estimate of $45.31 million. research analysts forecast that PRGX Global Inc will post 0.19 EPS for the current year.
Several equities analysts recently issued reports on PRGX shares. Barrington Research boosted their price objective on PRGX Global to $11.00 and gave the company an “outperform” rating in a research report on Friday, March 2nd. Zacks Investment Research lowered PRGX Global from a “hold” rating to a “sell” rating in a research report on Thursday, February 1st. Finally, TheStreet raised PRGX Global from a “c+” rating to a “b+” rating in a research report on Tuesday, March 6th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. PRGX Global presently has a consensus rating of “Buy” and a consensus target price of $8.00.
PRGX Global Company Profile
PRGX Global, Inc (PRGX), together with its subsidiaries, provides recovery audit and spend analytics services. The Company provides recovery audit, procure-to-pay performance improvement, spend analytics and risk management services principally to large businesses and government agencies. The Company operates through three segments: Recovery Audit Services-Americas, Recovery Audit Services-Europe/Asia-Pacific and Adjacent Services.
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