Press coverage about Computer Task Group, (NASDAQ:CTG) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Computer Task Group, earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the information technology services provider an impact score of 46.22123378264 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Computer Task Group, (NASDAQ CTG) traded up 0.38% during midday trading on Wednesday, hitting $5.25. 12,293 shares of the company were exchanged. Computer Task Group, has a 1-year low of $3.87 and a 1-year high of $6.33. The stock has a 50 day moving average of $5.29 and a 200 day moving average of $5.57. The firm’s market capitalization is $82.42 million.
Computer Task Group, (NASDAQ:CTG) last issued its quarterly earnings results on Tuesday, July 25th. The information technology services provider reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. Computer Task Group, had a negative net margin of 4.50% and a positive return on equity of 4.27%. The company had revenue of $75.50 million during the quarter, compared to analysts’ expectations of $78.05 million. During the same period last year, the company posted $0.05 EPS. Computer Task Group,’s revenue was down 9.6% on a year-over-year basis. On average, equities analysts predict that Computer Task Group, will post $0.24 earnings per share for the current fiscal year.
Separately, B. Riley restated a “buy” rating and issued a $8.75 target price on shares of Computer Task Group, in a report on Thursday, July 20th.
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Computer Task Group, Company Profile
Computer Task Group, Incorporated (CTG) is an information technology (IT) solutions and staffing services company. The Company primarily operates in the segment of providing IT services to its clients. The Company has operations in North America and Europe. The Company is engaged in providing IT services, including IT Solutions, and IT and other Staffing.
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