Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Computer Task Group (CTG) Share Price

Press coverage about Computer Task Group (NASDAQ:CTG) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Computer Task Group earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave media stories about the information technology services provider an impact score of 45.9288733845993 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

Several equities analysts have recently weighed in on the stock. ValuEngine upgraded shares of Computer Task Group from a “sell” rating to a “hold” rating in a research report on Thursday, April 19th. Barrington Research restated a “hold” rating on shares of Computer Task Group in a research report on Friday, April 20th. Finally, Zacks Investment Research lowered shares of Computer Task Group from a “buy” rating to a “hold” rating in a research report on Friday, April 6th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Computer Task Group has a consensus rating of “Buy” and a consensus target price of $9.08.

Shares of Computer Task Group traded up $0.11, hitting $7.74, during trading hours on Monday, Marketbeat reports. 56,301 shares of the company’s stock traded hands, compared to its average volume of 47,343. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.11. Computer Task Group has a 52 week low of $4.90 and a 52 week high of $9.62. The firm has a market cap of $108.93 million, a price-to-earnings ratio of 35.18, a price-to-earnings-growth ratio of 1.41 and a beta of 0.46.

Computer Task Group (NASDAQ:CTG) last posted its quarterly earnings data on Thursday, April 19th. The information technology services provider reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. Computer Task Group had a net margin of 0.16% and a return on equity of 4.36%. The company had revenue of $82.79 million during the quarter, compared to analyst estimates of $79.47 million. research analysts forecast that Computer Task Group will post 0.36 earnings per share for the current year.

Computer Task Group Company Profile

Computer Task Group, Incorporated, together with its subsidiaries, operates as an information technology solutions and staffing services company in North America, Europe, and India. Its IT solutions include the implementation and optimization of packaged software applications; development and deployment of customized software and solutions designed to fit the needs of a specific client or market; and design and distribution of complex technology components, as well as offers consulting services.

Insider Buying and Selling by Quarter for Computer Task Group (NASDAQ:CTG)

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