StarTek, Inc. (NYSE:SRT) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: January 11, 2017
Yesterday StarTek, Inc. (NYSE:SRT) traded 1.20% higher at $8.39. The company’s 50-day moving average is $8.61 and its 200-day moving average is $6.32. The last closing price is up 33.04% from the 200-day moving average, compared to the S&P 500 which has decreased -0.04% over the same time. 7,272 shares of the stock were exchanged, down from an average trading volume of 55,940
Zacks Investment Research has downgraded StarTek, Inc. (NYSE:SRT) to Hold in a report released on 01/11/2017.
Previously on Friday November 11, 2016, Zacks Investment Research reported on StarTek, Inc. (NYSE:SRT) raised the target price from $0.00 to $9.00. At the time, this indicated a possible upside of 0.05%.
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StarTek, Inc. has a 52 week low of $3.41 and a 52 week high of $9.22 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 2 brokerages have released a report on StarTek, Inc.. The 12-month price target is $5.50 with zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, two analysts rating the company a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the company a sell.
General Company Details For StarTek, Inc. (NYSE:SRT)
StarTek, Inc. (STARTEK) is a customer engagement business process outsourcing (BPO) services company, which is delivering customer care solutions. The Company operates its business in three segments, based on the geographic regions: Domestic, Nearshore, and Offshore. Its Domestic segment includes the operations of approximately 10 facilities in the United States and one facility in Canada. Its Offshore segment includes the operations of approximately four facilities in the Philippines. Its Nearshore segment includes the operations of approximately two facilities in Honduras and one facility in Jamaica. Its service offerings include customer care, sales support, inbound sales, complex order processing, accounts receivable management, technical and product support, up-sell and cross-sell opportunities, and other industry-specific processes.
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