Information Services Group (NASDAQ:III) Stock Rating Upgraded by Wall Street Zen

Information Services Group (NASDAQ:IIIGet Free Report) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.

A number of other equities research analysts have also commented on the stock. Barrington Research upped their price objective on shares of Information Services Group from $3.75 to $5.50 and gave the company an “outperform” rating in a research note on Monday, May 12th. Sidoti upgraded shares of Information Services Group to a “hold” rating in a report on Monday, May 12th.

View Our Latest Stock Analysis on Information Services Group

Information Services Group Trading Up 0.6%

Shares of III stock opened at $4.65 on Friday. Information Services Group has a 1-year low of $2.92 and a 1-year high of $5.05. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 0.62. The stock has a market cap of $224.13 million, a price-to-earnings ratio of 31.00, a PEG ratio of 1.33 and a beta of 1.23. The stock has a 50-day moving average of $4.48 and a 200-day moving average of $3.75.

Institutional Trading of Information Services Group

Several large investors have recently modified their holdings of III. Tower Research Capital LLC TRC lifted its position in shares of Information Services Group by 195.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,710 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 5,104 shares during the period. Picton Mahoney Asset Management grew its holdings in Information Services Group by 47.2% in the fourth quarter. Picton Mahoney Asset Management now owns 9,704 shares of the business services provider’s stock worth $32,000 after purchasing an additional 3,110 shares during the period. Intech Investment Management LLC bought a new stake in Information Services Group in the fourth quarter valued at $34,000. ProShare Advisors LLC acquired a new position in shares of Information Services Group during the fourth quarter valued at about $34,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of Information Services Group during the 4th quarter worth about $38,000. Institutional investors and hedge funds own 73.10% of the company’s stock.

Information Services Group Company Profile

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Information Services Group, Inc, together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services.

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