Equities research analysts at StockNews.com started coverage on shares of Wayside Technology Group (NASDAQ:WSTG – Get Rating) in a report released on Friday. The brokerage set a “hold” rating on the stock.
Separately, Barrington Research initiated coverage on shares of Wayside Technology Group in a research note on Wednesday, October 19th. They issued an “outperform” rating and a $40.00 target price for the company.
Wayside Technology Group Price Performance
Wayside Technology Group has a 52-week low of $24.65 and a 52-week high of $39.45. The stock has a 50-day simple moving average of $28.88 and a two-hundred day simple moving average of $31.71. The firm has a market capitalization of $139.12 million, a price-to-earnings ratio of 12.11, a P/E/G ratio of 0.71 and a beta of 0.78. The company has a quick ratio of 1.24, a current ratio of 1.25 and a debt-to-equity ratio of 0.03.
Institutional Inflows and Outflows
Wayside Technology Group Company Profile
Wayside Technology Group, Inc operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, the United Kingdom, and internationally. It operates in two segments, Distribution and Solutions. The company distributes technical software and hardware to corporate and value added resellers, consultants, and systems integrators under the names Climb Channel Solutions and Sigma Software Distribution; and software, hardware, and services under the names TechXtend and Grey Matter.
- Get a free copy of the StockNews.com research report on Wayside Technology Group (WSTG)
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