StarTek (NYSE:SRT) Downgraded by Zacks Investment Research to Sell

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StarTek stock has undergone multiple analysts rating changes in the recent past.  StarTek Downgraded by Zacks Investment Research on 7/25/2020. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of StarTek traded down -$0.06 on Friday, reaching $4.73. 0 shares of the stock traded hands, compared to its average volume of 57590. Shares of StarTek were trading at $4.73 on Friday. The firm’s 50 day moving average is $4.64 and its 200 day moving average is $5.88.StarTek  has a 12 month low of $4.68 and a 12 month high of $8.30. While on yearly highs and lows, StarTek’s today has traded high as $4.89 and has touched $4.68 on the downward trend. See More Analyst Rating at: RATING

StarTek Earnings and What to expect: 

StarTek last released its earnings results on June 10th, 2020. The business services provider reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $0.05. The firm earned $161.18 million during the quarter, compared to the consensus estimate of $163 million. StarTek has generated $0.08 earnings per share over the last year.

Earnings for StarTek are expected to grow in the coming year, from ($0.71) to $0.30 per share. The P/E ratio of StarTek is -4.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of StarTek is -4.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. StarTek has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 2.00%
  • On 6/29/2020 Director Csp Management Ltd Buy 1,543,210 at average share price of $4.86 which equates to $7,500,000.60 in money value.
  • On 5/17/2019 Director Bharat Rao Buy 274,064 at average price of  $7.48 with total value of : $2,049,998.72
  • On 3/15/2019 COO Peter F. Martino Sell 5,000 at average price of  $7.41 with total value of : $37,050.00

Other owners latest trading in StarTek :

  • On 6/19/2020 shares held by State Street Corp were 299,825 which equates to market value of $1.13M and appx 0.00% owners of StarTek
  • On 6/15/2020 shares held by AXA were 83,672 which equates to market value of $0.32M and appx 0.00% owners of StarTek
  • On 5/15/2020 shares held by AXA were 83,672 which equates to market value of $0.32M and appx 0.00% owners of StarTek
  • In total Institutional ownership equates to Institutional Ownership Percentage: 14.28% for StarTek

Analyst at Zacks Investment Research are also talking about :

  • 7/2/2020 – StarTek was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 6/12/2020 – StarTek was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating.
  • 6/11/2020 – StarTek had its price target lowered by analysts at Lake Street Capital from $12.00 to $10.00. They now have a “buy” rating on the stock.
  • 6/10/2020 – StarTek was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $5.75 price target on the stock.

StarTek (NYSE:SRT) Moving Average Technical Analysis

5 day Moving Average is $4.81 And 5 day price change is -$0.35 (-6.89%)  with average volume for 5 day average is 24,340. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $4.93 and 20 day price change is -$0.26 (-5.21%) and average 20 day moving volume is 49,235. 50 day moving average is $4.64  and 50 day price change is $1.57 ( 49.68%)  and with average volume for 50 days is : 75,432. 200 day moving average is $5.88  and 200 day price change is -$1.85 (-28.12%)  and with average volume for 200 days is : 56,995.

See More Analyst Rating at: RATING