Zacks Investment Research lowered shares of Park City Group (NASDAQ:PCYG) from a hold rating to a sell rating in a research report report published on Wednesday, February 14th.
According to Zacks, “Park City Group offers a robust set of solutions and it capitalizes on its prestigious user base as customers rapidly deploy and license additional software for their multi-location businesses. Park City Group was founded by Randy Fields, the co-founder and former chairman of Mrs. Fields Cookies. Public since May 2001, the company’s strategy is to rapidly expand its market share within the grocery and specialty retail sectors. “
Park City Group (NASDAQ PCYG) opened at $11.00 on Wednesday. The company has a market cap of $221.91, a PE ratio of 86.92, a price-to-earnings-growth ratio of 2.45 and a beta of 1.11. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.78 and a current ratio of 2.78. Park City Group has a one year low of $8.10 and a one year high of $15.10.
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About Park City Group
Park City Group, Inc is a software-as-a-service (SaaS) provider. The Company delivers its services through software products designed, developed, marketed and supported by the Company. The Company also has a Professional Services business, which conducts customization, implementation and training. The Company has approximately two services groups, such as The Business Analytics Group and The Professional Services Group.
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