StarTek (SRT) Earning Somewhat Positive News Coverage, Report Shows

Media headlines about StarTek (NYSE:SRT) have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. StarTek earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 47.0988719179067 out of 100, indicating that recent news 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 Sentiment Analysis’s analysis:

A number of brokerages have issued reports on SRT. Zacks Investment Research cut StarTek from a “hold” rating to a “strong sell” rating in a research report on Friday. ValuEngine raised StarTek from a “sell” rating to a “hold” rating in a research report on Monday, July 2nd. Finally, TheStreet downgraded shares of StarTek from a “c-” rating to a “d+” rating in a report on Monday, May 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. StarTek presently has a consensus rating of “Hold” and a consensus price target of $12.67.

StarTek traded up $0.06, reaching $7.01, during trading on Friday, Marketbeat Ratings reports. The company had a trading volume of 71,259 shares, compared to its average volume of 65,676. The company has a market cap of $112.70 million, a price-to-earnings ratio of -87.63 and a beta of 0.23. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.41 and a current ratio of 2.50. StarTek has a 12-month low of $6.11 and a 12-month high of $14.27.

StarTek Company Profile

StarTek, Inc provides business process outsourcing services in the United States, Canada, Honduras, Jamaica, and the Philippines. It operates in three segments: Domestic, Nearshore, and Offshore. The company's service offerings include customer care, sales support, inbound sales, complex order processing, accounts receivable management, technical and product support, up-sell and cross-sell opportunities, customer intelligence analytics, and other industry-specific processes.

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