Park City Group, Inc. (NASDAQ:PCYG) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $9.70 and last traded at $10.20, with a volume of 58100 shares changing hands. The stock had previously closed at $10.75.
Several research firms recently issued reports on PCYG. DA Davidson began coverage on Park City Group in a research report on Wednesday, September 6th. They set a “buy” rating and a $15.00 price target on the stock. Zacks Investment Research lowered Park City Group from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th.
The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.29 and a current ratio of 2.29. The stock has a market cap of $209.05, a PE ratio of 82.69, a PEG ratio of 2.33 and a beta of 1.34.
Hedge funds have recently bought and sold shares of the stock. Cannell Peter B & Co. Inc. increased its position in Park City Group by 3.4% in the second quarter. Cannell Peter B & Co. Inc. now owns 601,292 shares of the technology company’s stock worth $7,306,000 after buying an additional 20,000 shares during the period. Uniplan Investment Counsel Inc. increased its position in Park City Group by 602.3% in the third quarter. Uniplan Investment Counsel Inc. now owns 590,569 shares of the technology company’s stock worth $7,175,000 after buying an additional 506,477 shares during the period. Vanguard Group Inc. increased its position in Park City Group by 1.4% in the second quarter. Vanguard Group Inc. now owns 487,511 shares of the technology company’s stock worth $5,923,000 after buying an additional 6,530 shares during the period. State Street Corp increased its position in Park City Group by 7.9% in the second quarter. State Street Corp now owns 183,878 shares of the technology company’s stock worth $2,235,000 after buying an additional 13,447 shares during the period. Finally, Northern Trust Corp increased its position in Park City Group by 7.6% in the second quarter. Northern Trust Corp now owns 156,991 shares of the technology company’s stock worth $1,908,000 after buying an additional 11,039 shares during the period. 31.11% of the stock is currently owned by institutional investors and hedge funds.
ILLEGAL ACTIVITY NOTICE: “Park City Group (PCYG) Reaches New 12-Month Low at $9.70” was published by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark & copyright law. The correct version of this story can be read at https://sportsperspectives.com/2017/12/20/park-city-group-pcyg-reaches-new-12-month-low-at-9-70.html.
About Park City Group
Park City Group, Inc is a software-as-a-service (SaaS) provider. The Company delivers its services through software products designed, developed, marketed and supported by the Company. The Company also has a Professional Services business, which conducts customization, implementation and training. The Company has approximately two services groups, such as The Business Analytics Group and The Professional Services Group.
Receive News & Ratings for Park City Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Park City Group and related companies with MarketBeat.com's FREE daily email newsletter.