Park City Group (NASDAQ:PCYG) released its quarterly earnings results on Thursday. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.03, Zacks reports. Park City Group had a net margin of 17.38% and a return on equity of 10.52%. The company had revenue of $5.57 million during the quarter, compared to analysts’ expectations of $6.13 million.
Shares of NASDAQ PCYG traded up $0.33 during mid-day trading on Friday, hitting $7.84. The company had a trading volume of 111,016 shares, compared to its average volume of 25,515. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.50 and a current ratio of 2.50. Park City Group has a 12 month low of $5.64 and a 12 month high of $11.75. The stock has a market cap of $148.70 million, a PE ratio of 52.27, a PEG ratio of 1.54 and a beta of 1.68.
A number of research firms have issued reports on PCYG. Zacks Investment Research cut shares of Park City Group from a “buy” rating to a “hold” rating in a report on Tuesday. ValuEngine upgraded shares of Park City Group from a “sell” rating to a “hold” rating in a report on Friday, January 11th. Finally, TheStreet cut shares of Park City Group from a “b-” rating to a “c+” rating in a report on Tuesday, October 30th.
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Park City Group Company Profile
Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in the United States. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution that is used for sourcing products, and enables to screen and choose suppliers; ReposiTrak Compliance and Food Safety Solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain Solutions, which enables customers to manage relationships with suppliers.
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