News headlines about StarTek (NYSE:SRT) have trended somewhat positive recently, Accern reports. Accern rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. StarTek earned a news impact score of 0.06 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 85 out of 100, meaning that recent media coverage is very likely to have an effect on the stock’s share price in the near term.
Several research firms recently issued reports on SRT. Zacks Investment Research upgraded StarTek from a “hold” rating to a “strong-buy” rating and set a $12.00 price target for the company in a research note on Saturday, May 13th. Lake Street Capital upped their target price on StarTek from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Wednesday, February 22nd.
StarTek (SRT) traded up 0.18% during mid-day trading on Tuesday, hitting $11.23. The stock had a trading volume of 62,253 shares. StarTek has a 12 month low of $4.15 and a 12 month high of $11.81. The company has a market cap of $178.53 million, a price-to-earnings ratio of 85.73 and a beta of -0.13. The firm’s 50-day moving average is $10.58 and its 200 day moving average is $9.17.
In other StarTek news, Director Arnaud Ajdler sold 94,603 shares of StarTek stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $11.48, for a total transaction of $1,086,042.44. Following the completion of the sale, the director now owns 37,507 shares of the company’s stock, valued at $430,580.36. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 17.80% of the company’s stock.
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StarTek Company Profile
StarTek, Inc is a customer engagement business process outsourcing (BPO) services provider, delivering customer care solutions. The Company operates through three segments: Domestic, Nearshore and Offshore. As of December 31, 2016, its Domestic segment included the operations of 13 facilities in the United States and one facility in Canada; its Offshore segment included the operations of four facilities in the Philippines, and its Nearshore segment included the operations of two facilities in Honduras and one facility in Jamaica.
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