StockNews.com Initiates Coverage on Park City Group (NASDAQ:PCYG)

StockNews.com began coverage on shares of Park City Group (NASDAQ:PCYG) in a report released on Friday. The brokerage issued a hold rating on the technology company’s stock.

Park City Group Price Performance

The firm has a 50 day moving average of $18.46 and a 200 day moving average of $17.13. Park City Group has a twelve month low of $4.80 and a twelve month high of $10.50. The company has a market capitalization of $178.12 million, a PE ratio of 36.30 and a beta of 1.10.

Park City Group Company Profile

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.