Zacks Investment Research downgraded Sykes Enterprises, Incorporated (NASDAQ:SYKE) to Sell in a report released today.
- Updated: October 9, 2016
Zacks Investment Research has downgraded Sykes Enterprises, Incorporated (NASDAQ:SYKE) to Sell in a report released on Wednesday October 05, 2016.
Previously on 11/04/2015, Craig Hallum reported about Sykes Enterprises, Incorporated (NASDAQ:SYKE) raised the target price from $26.00 to $31.00. At the time, this indicated a possible upside of 0.02%.
Yesterday Sykes Enterprises, Incorporated (NASDAQ:SYKE) traded -1.96% lower at $27.87. The company’s 50-day moving average is $28.73 and its 200-day moving average is $29.50. The last stock close price is down -6.88% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 330,157 shares of the stock were exchanged, up from an average trading volume of 156,340
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Sykes Enterprises, Incorporated has a 52 week low of $26.00 and a one year high of $33.00 with a price-earnings ratio of 18.30 SYKE’s total market value is presently $0.
A total of 4 analysts have released a report on Sykes Enterprises, Incorporated. zero analysts rating the company a strong buy, one analyst rating the company a buy, six analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $32.00.
More About Sykes Enterprises, Incorporated (NASDAQ:SYKE)
Sykes Enterprises, Incorporated is engaged in providing outsourced customer contact management solutions and services in the business process outsourcing arena. The Company provides an array of customer contact management solutions to a range of clients in communications, financial services, technology or consumer, transportation and leisure, healthcare and other industry verticals. It has operations in two segments: the Americas, which includes the United States, Canada, Latin America, Australia and the Asia Pacific Rim, and EMEA, which includes Europe, the Middle East and Africa. Its Americas and EMEA regions provide customer contact management services (with an emphasis on inbound technical support and customer service), which include customer assistance, healthcare and roadside assistance, technical support and product sales to its clients customers. It delivers its services through multiple communication channels, including phone, e-mail, social media, text messaging and chat.
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