At $6.80 StarTek, Inc. (SRT) Forms Double Bottom Pattern

June 26, 2018 - By Sarah Harris

StarTek, Inc. (NYSE:SRT) Corporate Logo

Big Money Sentiment decreased to 0.66 in Q1 2018. It has change of 0.24, from 2017Q4’s 0.9. The ratio is negative due to StarTek, Inc. positioning: 12 sold and 17 reduced. 6 funds amassed holdings and 13 increased holdings. Investors holded 6.23 million in 2017Q4 but now own 5.50 million shares or 11.69% less.
Wells Fargo And Co Mn has invested 0% in StarTek, Inc. (NYSE:SRT). Amer Gp holds 6,596 shs or 0% of its capital. The New York-based Citigroup Inc has invested 0% in StarTek, Inc. (NYSE:SRT). Legal & General Gp Plc stated it has 1,462 shs or 0% of all its holdings. Schwab Charles Inv Management holds 0% or 21,000 shs. Geode Mngmt Lc holds 83,130 shs. Bank & Trust Of Montreal Can reported 3,044 shs. 686 are held by Manufacturers Life Insurance The. Peak6 Invests Limited Partnership invested 0% of its capital in StarTek, Inc. (NYSE:SRT). Bridgeway Cap invested in 0.01% or 103,700 shs. Northern reported 0% of its capital in StarTek, Inc. (NYSE:SRT). Germany-based Deutsche Natl Bank Ag has invested 0% in StarTek, Inc. (NYSE:SRT). 1,170 are held by Group Inc One Trading Limited Partnership. State Common Retirement Fund accumulated 10,900 shs. Bnp Paribas Arbitrage has invested 0% of its capital in StarTek, Inc. (NYSE:SRT).

StarTek, Inc. (SRT) has a double bottom technical setup today and has $6.26 Target or 8.00 % below today’s $6.80 share price. It has $110.27 million market cap. The double bottom technical setup was announced on Jun, 26 by Finviz.com. At $6.26 Target, the company’s valuation could be $8.82M less.

Ticker’s shares touched $6.8 during the last trading session after 1.04% change.Currently StarTek, Inc. is downtrending after 39.68% change in last June 26, 2017. SRT has 16,233 shares volume. SRT underperformed by 52.25% the S&P 500.

On August, 8 StarTek, Inc. (NYSE:SRT)’s earnings report is awaited by WallStreet, according to Faxor. EPS of $-0.01 is 133.33 % down from 2017’s $0.03 EPS. After $-0.07 EPS report last quarter, Wall Street now sees -85.71 % EPS growth of StarTek, Inc..

StarTek, Inc. (NYSE:SRT) Ratings Coverage

A total of 2 analysts rate StarTek (NYSE:SRT) as follows: 1 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 50% are bullish. The firm has $18.0 highest and $9.0 lowest target. The avg target $13.50 is 98.53% above the last ($6.8) price. (NYSE:SRT) has 3 ratings reports on Jun 26, 2018 according to StockzIntelligence. On Wednesday, January 24 the stock of StarTek, Inc. (NYSE:SRT) earned “Hold” rating by Robert W. Baird. On Thursday, March 15 the company was maintained by Robert W. Baird.

There’s a significant StarTek, Inc. (NYSE:SRT) news published by Prnewswire.com. It’s an article titled: “SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of StarTek, Inc. – SRT” on June 16, 2018.

StarTek, Inc. (NYSE:SRT) Institutional Investors Chart

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