PFSweb (NASDAQ:PFSW) Shares Cross Above Two Hundred Day Moving Average of $0.00


PFSweb, Inc. (NASDAQ:PFSW) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $3.40. PFSweb shares last traded at $3.40, with a volume of 500 shares trading hands.

PFSW has been the subject of a number of research analyst reports. TheStreet downgraded shares of USD Partners from a “b-” rating to a “c+” rating in a report on Friday, May 10th. ValuEngine downgraded shares of Intersect ENT from a “buy” rating to a “hold” rating in a report on Monday, June 3rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $9.44.

The company’s fifty day moving average price is $3.93. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.09 and a current ratio of 1.14. The company has a market cap of $66.01 million, a price-to-earnings ratio of 12.14 and a beta of 0.65.

PFSweb (NASDAQ:PFSW) last announced its quarterly earnings results on Thursday, May 9th. The business services provider reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $72.15 million during the quarter. PFSweb had a net margin of 0.25% and a return on equity of 12.07%.

Several institutional investors and hedge funds have recently made changes to their positions in PFSW. Alambic Investment Management L.P. increased its holdings in PFSweb by 74.7% during the 1st quarter. Alambic Investment Management L.P. now owns 124,198 shares of the business services provider’s stock valued at $647,000 after acquiring an additional 53,096 shares in the last quarter. Teton Advisors Inc. increased its holdings in PFSweb by 7.5% during the 1st quarter. Teton Advisors Inc. now owns 361,330 shares of the business services provider’s stock valued at $1,883,000 after acquiring an additional 25,308 shares in the last quarter. Hollow Brook Wealth Management LLC purchased a new position in PFSweb during the 1st quarter valued at about $114,000. Marshall Wace LLP purchased a new position in PFSweb during the 1st quarter valued at about $104,000. Finally, Rhumbline Advisers increased its holdings in PFSweb by 52.7% during the 4th quarter. Rhumbline Advisers now owns 19,506 shares of the business services provider’s stock valued at $100,000 after acquiring an additional 6,728 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

About PFSweb (NASDAQ:PFSW)

PFSweb, Inc provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, LiveArea Professional Services and PFS Operations. The company offers strategic commerce consulting services, including commerce strategy, omni-channel consulting, digital opportunity audit, organizational/operational readiness, and platform evaluation/selection services; and design and digital marketing services, such as design, user experience, interactive development, search engine optimization and paid search, affiliate marketing, conversion optimization, storefront management, email marketing, and digital analytics.

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