StockNews.com Begins Coverage on Computer Task Group (NASDAQ:CTG)

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StockNews.com assumed protection on shares of Computer system Endeavor Group (NASDAQ:CTGGet Ranking) in a investigation take note printed on Monday. The organization issued a get score on the info engineering products and services provider’s inventory.

Individually, Zacks Financial investment Study lowered Computer Undertaking Group from a keep rating to a offer score in a report on Thursday, March 10th.

Shares of CTG stock opened at $10.05 on Monday. The stock’s fifty working day going regular is $9.15 and its two-hundred day shifting regular is $8.74. The firm has a market place capitalization of $154.18 million, a P/E ratio of 11.04, a PEG ratio of .72 and a beta of .74. Personal computer Job Group has a fifty-two week lower of $6.77 and a fifty-two 7 days substantial of $11.68.

Computer Job Team (NASDAQ:CTGGet Rating) very last posted its quarterly earnings outcomes on Tuesday, February 22nd. The data technological innovation companies supplier claimed $.25 EPS for the quarter, topping the consensus estimate of $.17 by $.08. Computer system Activity Group had a return on fairness of 11.20% and a internet margin of 3.50%. The business experienced profits of $112.39 million for the quarter, as opposed to analyst estimates of $112.66 million. For the duration of the exact same quarter in the former 12 months, the firm gained $.14 EPS. As a team, equities exploration analysts forecast that Pc Undertaking Group will article .69 earnings for every share for the present-day year.

Many institutional buyers have a short while ago created improvements to their positions in CTG. Knightsbridge Asset Management LLC boosted its holdings in Computer Activity Group by 6.% in the third quarter. Knightsbridge Asset Management LLC now owns 30,110 shares of the data technological innovation solutions provider’s inventory valued at $240,000 following paying for an extra 1,710 shares in the last quarter. Ancora Advisors LLC boosted its holdings in Pc Process Group by 21.6% in the 3rd quarter. Ancora Advisors LLC now owns 165,661 shares of the information and facts technological know-how companies provider’s inventory valued at $1,322,000 just after purchasing an extra 29,383 shares in the final quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Pc Task Team by 15.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 13,735 shares of the info technological innovation solutions provider’s stock valued at $110,000 following buying an supplemental 1,839 shares in the final quarter. Lewis Cash Management LLC acquired a new position in Laptop or computer Endeavor Group in the fourth quarter valued at roughly $3,541,000. At last, Millennium Management LLC boosted its holdings in Computer Undertaking Group by 15.% in the 2nd quarter. Millennium Administration LLC now owns 13,655 shares of the info know-how solutions provider’s stock valued at $132,000 right after buying an supplemental 1,779 shares in the final quarter. 53.52% of the stock is owned by institutional buyers and hedge resources.

Pc Undertaking Group Corporation Profile (Get Score)

Computer Task Group, Inc engages in the provision of information know-how answers and staffing products and services. The firm’s providers encompass the info technologies small business answer existence cycle, which include phases for planning, producing, implementing, handling, and protecting the data technology option.

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