Spok (NASDAQ:SPOK) was downgraded by BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Thursday.
Shares of SPOK stock traded up $0.09 during trading hours on Thursday, hitting $13.84. 84,700 shares of the company’s stock were exchanged, compared to its average volume of 64,714. The stock has a market capitalization of $268.69 million, a PE ratio of 138.10 and a beta of 0.57. Spok has a 52 week low of $12.21 and a 52 week high of $16.15.
In related news, CEO Vincent D. Kelly sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, December 4th. The stock was sold at an average price of $13.91, for a total value of $139,100.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.60% of the stock is owned by company insiders.
Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides various communications solutions to healthcare, government, and other enterprises in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company provides one-way messaging, including numeric messaging services, which enable subscribers to receive messages comprising numbers, such as phone numbers; and alphanumeric messages, including numbers and letters that enable subscribers to receive text messages.
Read More: Tariff
Receive News & Ratings for Spok Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spok and related companies with MarketBeat.com's FREE daily email newsletter.