Resources Connection, Inc. (NASDAQ:RECN) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 7, 2016
Zacks Investment Research has downgraded Resources Connection, Inc. (NASDAQ:RECN) to Strong Sell in a report released on Saturday October 08, 2016.
Just yesterday Resources Connection, Inc. (NASDAQ:RECN) traded -0.61% lower at $13.08. RECN’s 50-day average is $14.68 and its 200-day moving average is $14.85. The last stock price is down -12.46% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was up over the average, with 356,205 shares of RECN changing hands over the typical 171,805
Recent Performance Chart
Resources Connection, Inc. has one year low of $12.30 and a one year high of $18.71 with a P/E ratio of 16.05 and has a market cap of $0.
Brief Synopsis On Resources Connection, Inc. (NASDAQ:RECN)
Resources Connection, Inc. is a multinational consulting firm. The Company's operating entities primarily provide services under the name Resources Global Professionals (RGP). The Company provides consulting and business initiative support services to its global client base in the areas of accounting; finance; corporate governance, risk and compliance (GRC) management; corporate advisory, strategic communications and restructuring; information management; human capital; supply chain management, and legal and regulatory. The Company provides its services and solutions to a client base in a range of industries. Its finance and accounting services encompass accounting operations, financial reporting, internal controls, financial analyses and business transactions. It offers a range of technology solutions, which include enterprise resource planning systems; strategic front-of-the-house systems; human resources (HR) information systems, and supply chain management systems, among others.
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