Media stories about PRGX Global (NASDAQ:PRGX) have trended positive this week, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PRGX Global earned a news sentiment score of 0.39 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 45.3358641100552 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s rankings:
- Reviewing PRGX Global (PRGX) and Paychex (PAYX) (americanbankingnews.com)
- PRGX Global (PRGX) Upgraded by Zacks Investment Research to “Buy” (americanbankingnews.com)
- PRGX Global Inc. announces appointment of vice president (mdjonline.com)
- PRGX Global, Inc. Announces Appointment of Vice President, New Business Development (markets.financialcontent.com)
- Analyzing PRGX Global (PRGX) & Forrester Research (FORR) (americanbankingnews.com)
PRGX traded down $0.05 during trading on Friday, reaching $9.70. 186,628 shares of the company’s stock were exchanged, compared to its average volume of 100,179. PRGX Global has a one year low of $5.40 and a one year high of $9.90. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.60 and a quick ratio of 1.60. The firm has a market capitalization of $217.30, a price-to-earnings ratio of 46.19, a PEG ratio of 4.08 and a beta of 0.82.
A number of research firms have weighed in on PRGX. Zacks Investment Research lowered shares of PRGX Global from a “hold” rating to a “sell” rating in a report on Wednesday, February 14th. TheStreet raised shares of PRGX Global from a “c+” rating to a “b+” rating in a report on Tuesday, March 6th. ValuEngine raised shares of PRGX Global from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Finally, Barrington Research boosted their target price on shares of PRGX Global to $11.00 and gave the stock an “outperform” rating in a report on Friday, March 2nd. Four equities research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average target price of $8.00.
In other PRGX Global news, SVP Victor A. Allums sold 10,003 shares of the business’s stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $9.00, for a total transaction of $90,027.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 66,701 shares of company stock worth $589,968 over the last three months. Insiders own 14.96% of the company’s stock.
About PRGX Global
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.
Receive News & Ratings for PRGX Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PRGX Global and related companies with MarketBeat.com's FREE daily email newsletter.