Papa Murphy’s Holdings Inc (NASDAQ:FRSH) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $5.89 and last traded at $5.88, with a volume of 100 shares trading hands. The stock had previously closed at $5.75.
A number of research analysts have recently commented on FRSH shares. Zacks Investment Research lowered shares of Papa Murphy’s from a “buy” rating to a “hold” rating in a research report on Friday, March 1st. ValuEngine raised shares of Papa Murphy’s from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 2nd.
The company has a market cap of $99.09 million, a PE ratio of 41.33 and a beta of 0.43. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.43 and a current ratio of 0.46.
Large investors have recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Papa Murphy’s in the 4th quarter valued at $104,000. Acadian Asset Management LLC boosted its holdings in shares of Papa Murphy’s by 22.0% during the 4th quarter. Acadian Asset Management LLC now owns 26,931 shares of the company’s stock worth $128,000 after buying an additional 4,861 shares during the period. Bailard Inc. acquired a new stake in Papa Murphy’s in the 3rd quarter worth about $233,000. Financial Advocates Investment Management raised its stake in Papa Murphy’s by 791.8% in the 4th quarter. Financial Advocates Investment Management now owns 14,269 shares of the company’s stock worth $1,453,000 after purchasing an additional 12,669 shares in the last quarter. Finally, Vanguard Group Inc raised its stake in Papa Murphy’s by 0.8% in the 3rd quarter. Vanguard Group Inc now owns 317,064 shares of the company’s stock worth $1,645,000 after purchasing an additional 2,569 shares in the last quarter. Institutional investors and hedge funds own 57.30% of the company’s stock.
About Papa Murphy’s (NASDAQ:FRSH)
Papa Murphy's Holdings, Inc, together with its subsidiaries, owns, operates, and franchises Take ?N' Bake pizza stores. The company operates in three segments: Domestic Company Stores, Domestic Franchise, and International. As of January 1, 2018, it operated approximately 1,523 stores, including 1,338 franchised and 145 company-owned stores in 39 states, as well as 14 stores in Canada and 26 stores in the Middle East.
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