Zacks Investment Research upgraded G&K Services Inc (NASDAQ:GK) to Hold in a report released today.
- Updated: September 28, 2016
Yesterday G&K Services Inc (NASDAQ:GK) traded -0.02% lower at $95.87. The company’s 50-day moving average is $95.04 and its 200-day moving average is $79.98. The last closing price is up 19.87% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 342,751 shares of the stock traded hands, up from an average trading volume of 248,094
Zacks Investment Research has upgraded G&K Services Inc (NASDAQ:GK) to Hold in a report released on 9/28/2016.
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G&K Services Inc has a price-earnings ratio of 26.56 with a one year low of $51.94 and a one year high of $98.22 GK’s market capitalization is presently $0.
A total of 3 firms have released a research note on GK. Two analysts rating the company a strong buy, 1 broker rating the stock a buy, 4 firms rating the stock a hold, 0 equity analysts rating the company a underperform, and finally 0 brokerages rating the stock a sell with a 12-month price target of $79.00.
General Company Details For G&K Services Inc (NASDAQ:GK)
G&K Services, Inc. is a service-focused provider of branded uniform and facility services programs. The Company provides a range of workwear and protective safety apparel through rental and direct purchase programs. The Company also supplies various facility products and services, including floor mats, towels, mops, restroom hygiene products, and first aid supplies. It also manufactures certain work apparel garments that are used to support its garment rental and direct purchase programs. It operates in two segments: United States (includes the Dominican Republic) and Canada. The Company operated from approximately 160 locations, as of July 2, 2016. The Company serves a diverse base of customer locations in various industries, including automotive, warehousing, distribution, transportation, energy, manufacturing, food processing, retail, restaurants, construction and trades, hospitality, government, healthcare and others.
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