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ValuEngine downgraded Performant Financial Corp (NASDAQ:PFMT) to Sell in a report released today.

ValuEngine has downgraded Performant Financial Corp (NASDAQ:PFMT) to Sell in a report released on 07/06/2017.

Just yesterday Performant Financial Corp (NASDAQ:PFMT) traded 2.78% higher at $2.07. Performant Financial Corp’s 50-day moving average is $1.98 and its 200-day moving average is $2.07. The last closing price is down -10.41% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 37,858 shares of PFMT traded hands, down from an average trading volume of 47,434

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Performant Financial Corp (NASDAQ:PFMT)

Performant Financial Corp has 52 week low of $1.50 and a 52 week high of $4.07 and has a market capitalization of $0.

Brief Synopsis On 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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