Park City Group (NASDAQ:PCYG) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Park City Group (NASDAQ:PCYG) in a research report sent to investors on Thursday morning. The firm issued a hold rating on the technology company’s stock.

Park City Group Stock Performance

PCYG stock opened at $15.12 on Thursday. Park City Group has a one year low of $4.80 and a one year high of $10.50. The firm’s fifty day moving average is $14.83 and its 200 day moving average is $11.89. The firm has a market cap of $274.81 million, a PE ratio of 56.00 and a beta of 1.10.

Institutional Trading of Park City Group

A number of institutional investors and hedge funds have recently made changes to their positions in PCYG. Barclays PLC purchased a new stake in Park City Group in the 3rd quarter worth $26,000. Qube Research & Technologies Ltd acquired a new position in shares of Park City Group during the 3rd quarter worth about $27,000. UBS Group AG lifted its stake in Park City Group by 380.8% in the 3rd quarter. UBS Group AG now owns 4,606 shares of the technology company’s stock valued at $25,000 after buying an additional 3,648 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Park City Group by 686.4% in the 3rd quarter. Tower Research Capital LLC TRC now owns 4,687 shares of the technology company’s stock worth $25,000 after buying an additional 4,091 shares during the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in Park City Group during the 1st quarter worth approximately $56,000. 26.36% of the stock is currently owned by hedge funds and other institutional investors.

Park City Group Company Profile

Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in North America. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution; ReposiTrak Compliance and Food Safety solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain solutions that enables customers to manage relationships with suppliers.