Performant Financial Corp (NASDAQ:PFMT) target price raised to $3.50, reported today by Zacks Investment Research
- Updated: October 11, 2016
Performant Financial Corp (NASDAQ:PFMT) had its target bumped up to $3.50 by Zacks Investment Research in an issued report announced 10/12/2016. The bumped up target suggests a potential upside of 0.12% from the company's most recent close.
Boasting a price of $3.13, Performant Financial Corp (NASDAQ:PFMT) traded 0.00% even on the day. With the last close up 56.15% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Performant Financial Corp has recorded a 50-day average of $2.62 and a two hundred day average of $2.00. Volume of trade was down over the average, with 0 shares of PFMT changing hands under the typical 50,538
With a total market value of $0, Performant Financial Corp has price-earnings ratio of 52.17 with a one year low of $1.51 and a one year high of $3.46 .
More About Performant Financial Corp (NASDAQ:PFMT)
Performant Financial Corporation (Performant) provides technology-enabled recovery and related analytics services in the United States. The Company's services identify and recover delinquent or defaulted assets and improper payments for both government and private clients in a range of markets. The Company provides its services on an outsourced basis where the Company handles many or all aspects of its clients' recovery processes. The Company uses its technology-enabled services platform to provide recovery and analytics services in a range of markets for the identification and recovery of student loans, improper healthcare payments and delinquent state tax and federal treasury receivables. It provides recovery services to the government-supported student loan industry and its clients include the Department of Education and Guaranty Agencies, as well as private financial institutions. The Company provides recovery services related to improper payments in the healthcare market.
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