The Peck (NASDAQ:PECK) Shares Up 6.8%

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Shares of The Peck Company Holdings, Inc. (NASDAQ:PECK) shot up 6.8% during mid-day trading on Wednesday . The stock traded as high as $16.55 and last traded at $15.81. 1,251,335 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 5,779,317 shares. The stock had previously closed at $14.81.

Several brokerages recently issued reports on PECK. ValuEngine cut shares of The Peck from a “hold” rating to a “sell” rating in a report on Tuesday, December 1st. Alliance Global Partners started coverage on shares of The Peck in a research note on Monday, December 21st. They set a “buy” rating on the stock.

The firm has a 50 day simple moving average of $7.60. The firm has a market cap of $84.00 million, a price-to-earnings ratio of -98.81 and a beta of 1.07. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.03 and a current ratio of 1.03.

The Peck (NASDAQ:PECK) last issued its quarterly earnings results on Thursday, November 12th. The company reported ($0.13) earnings per share for the quarter. The business had revenue of $4.97 million for the quarter. The Peck had a negative return on equity of 17.97% and a negative net margin of 3.69%.

In other news, EVP Frederick Myrick, Jr. sold 25,000 shares of the firm’s stock in a transaction on Friday, December 18th. The shares were sold at an average price of $6.22, for a total transaction of $155,500.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 7.60% of the company’s stock.

A hedge fund recently bought a new stake in The Peck stock. Jane Street Group LLC purchased a new stake in The Peck Company Holdings, Inc. (NASDAQ:PECK) during the third quarter, according to its most recent filing with the SEC. The fund purchased 16,362 shares of the company’s stock, valued at approximately $116,000. Jane Street Group LLC owned about 0.31% of The Peck as of its most recent filing with the SEC. Institutional investors and hedge funds own 1.11% of the company’s stock.

The Peck Company Profile (NASDAQ:PECK)

The Peck Company Holdings, Inc operates as a solar engineering, construction, and procurement contractor for commercial and industrial customers in the Northeastern United States. It also provides electrical contracting services; and data and communication services. The company was founded in 1972 and is headquartered in South Burlington, Vermont.

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