Papa Murphy’s (FRSH) Reaches New 1-Year Low at $4.28

Shares of Papa Murphy’s Holdings Inc (NASDAQ:FRSH) reached a new 52-week low during trading on Monday . The stock traded as low as $4.28 and last traded at $4.42, with a volume of 625 shares traded. The stock had previously closed at $4.44.

Several analysts recently commented on the stock. ValuEngine cut shares of Papa Murphy’s from a “sell” rating to a “strong sell” rating in a report on Friday, August 24th. Zacks Investment Research upgraded shares of Papa Murphy’s from a “hold” rating to a “strong-buy” rating and set a $6.00 price target for the company in a report on Wednesday, July 11th. Finally, TheStreet upgraded shares of Papa Murphy’s from a “d+” rating to a “c” rating in a report on Thursday, July 5th.

The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.31 and a current ratio of 0.34. The firm has a market capitalization of $75.62 million, a P/E ratio of 29.53, a P/E/G ratio of 1.14 and a beta of 0.15.

Papa Murphy’s (NASDAQ:FRSH) last posted its quarterly earnings results on Wednesday, August 1st. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.04 by $0.02. The business had revenue of $30.79 million during the quarter, compared to analysts’ expectations of $31.84 million. Papa Murphy’s had a net margin of 11.82% and a return on equity of 9.61%. Equities research analysts forecast that Papa Murphy’s Holdings Inc will post 0.35 EPS for the current fiscal year.

An institutional investor recently raised its position in Papa Murphy’s stock. Signia Capital Management LLC boosted its holdings in shares of Papa Murphy’s Holdings Inc (NASDAQ:FRSH) by 66.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,044,915 shares of the company’s stock after acquiring an additional 415,442 shares during the quarter. Papa Murphy’s makes up approximately 5.1% of Signia Capital Management LLC’s portfolio, making the stock its 6th largest holding. Signia Capital Management LLC owned 6.14% of Papa Murphy’s worth $5,799,000 at the end of the most recent quarter. 31.75% of the stock is currently owned by institutional investors and hedge funds.

Papa Murphy’s Company Profile (NASDAQ:FRSH)

Papa Murphy's Holdings, Inc, together with its subsidiaries, owns, operates, and franchises Take ?N' Bake pizza stores. The company operates in three segments: Domestic Company Stores, Domestic Franchise, and International. As of January 1, 2018, it operated approximately 1,523 stores, including 1,338 franchised and 145 company-owned stores in 39 states, as well as 14 stores in Canada and 26 stores in the Middle East.

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