News articles about PRGX Global (NASDAQ:PRGX) have been trending somewhat positive recently, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than twenty 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 0.06 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 44.8889286875291 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
- Zacks: Brokerages Anticipate PRGX Global Inc (PRGX) Will Announce Quarterly Sales of $45.31 Million (americanbankingnews.com)
- ETFs with exposure to PRGX Global, Inc. : December 27, 2017 (finance.yahoo.com)
- Zacks: PRGX Global Inc (PRGX) Receives Average Recommendation of “Strong Buy” from Brokerages (americanbankingnews.com)
- PRGX Global Inc (PRGX) Expected to Post Quarterly Sales of $45.31 Million (americanbankingnews.com)
Shares of PRGX Global (NASDAQ PRGX) traded down $0.05 during trading on Friday, reaching $7.05. 19,400 shares of the company’s stock traded hands, compared to its average volume of 27,588. The stock has a market capitalization of $159.00, a price-to-earnings ratio of -64.09 and a beta of 1.08. PRGX Global has a one year low of $5.35 and a one year high of $7.90. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.59 and a quick ratio of 1.59.
Several equities analysts have commented on PRGX shares. Zacks Investment Research lowered shares of PRGX Global from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 6th. B. Riley set a $8.00 price target on shares of PRGX Global and gave the company a “buy” rating in a research note on Tuesday, October 31st. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. PRGX Global has a consensus rating of “Buy” and an average price target of $7.00.
In other PRGX Global news, Director Matthew A. Drapkin bought 25,042 shares of the stock in a transaction dated Friday, November 10th. The shares were acquired at an average cost of $7.19 per share, for a total transaction of $180,051.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Tushar K. Sachdev sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $7.01, for a total transaction of $70,100.00. The disclosure for this sale can be found here. Insiders acquired 71,942 shares of company stock worth $522,898 over the last quarter. 14.96% of the stock is currently owned by insiders.
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.
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