Park City Group (NASDAQ:PCYG) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Park City Group (NASDAQ:PCYGGet Rating) in a research report report published on Tuesday. The brokerage issued a hold rating on the technology company’s stock.

Separately, TheStreet upgraded shares of Park City Group from a c+ rating to a b- rating in a research report on Tuesday, August 23rd.

Park City Group Stock Down 0.7 %

Park City Group stock opened at $5.77 on Tuesday. The firm has a 50-day moving average price of $5.58 and a two-hundred day moving average price of $5.25. The firm has a market capitalization of $107.30 million, a price-to-earnings ratio of 32.06 and a beta of 1.05. Park City Group has a 52-week low of $4.06 and a 52-week high of $10.68.

Institutional Trading of Park City Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Rice Hall James & Associates LLC raised its position in shares of Park City Group by 3.0% during the 1st quarter. Rice Hall James & Associates LLC now owns 1,072,556 shares of the technology company’s stock worth $5,663,000 after buying an additional 31,566 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of Park City Group in the 1st quarter worth approximately $56,000. State Street Corp raised its holdings in shares of Park City Group by 47.6% in the 1st quarter. State Street Corp now owns 42,461 shares of the technology company’s stock worth $224,000 after purchasing an additional 13,687 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Park City Group by 61.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 30,012 shares of the technology company’s stock worth $158,000 after purchasing an additional 11,409 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new stake in shares of Park City Group in the 1st quarter worth approximately $56,000. 27.46% of the stock is currently owned by institutional investors.

Park City Group Company Profile

(Get Rating)

Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in North America. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution; ReposiTrak Compliance and Food Safety solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain solutions that enables customers to manage relationships with suppliers.

See Also

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.