News stories about PRGX Global (NASDAQ:PRGX) have been trending somewhat positive on Monday, according to Accern. The research group identifies negative and positive press coverage by monitoring 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 one, with scores closest to one being the most favorable. PRGX Global earned a news impact score of 0.10 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 45.5611723761049 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several brokerages have issued reports on PRGX. B. Riley set a $8.00 price objective on shares of PRGX Global and gave the company a “buy” rating in a research report on Tuesday, October 31st. Zacks Investment Research raised shares of PRGX Global from a “hold” rating to a “buy” rating and set a $8.25 price objective for the company in a research report on Wednesday, October 25th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $7.00.
PRGX Global (PRGX) traded down $0.25 during mid-day trading on Monday, hitting $7.30. 11,600 shares of the stock were exchanged, compared to its average volume of 27,357. PRGX Global has a twelve month low of $5.10 and a twelve month 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.
PRGX Global Company Profile
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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