StarTek (SRT) Earning Somewhat Positive Press Coverage, Study Shows

News headlines about StarTek (NYSE:SRT) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. StarTek earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 46.3480035882585 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news headlines that may have effected Accern’s rankings:

StarTek traded up $0.06, reaching $7.01, during midday trading on Friday, reports. 71,259 shares of the stock were exchanged, compared to its average volume of 65,676. The company has a current ratio of 2.50, a quick ratio of 2.41 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $112.70 million, a PE ratio of -87.63 and a beta of 0.23. StarTek has a 52 week low of $6.11 and a 52 week high of $14.27.

Several analysts have recently issued reports on SRT shares. ValuEngine raised shares of StarTek from a “sell” rating to a “hold” rating in a research report on Monday, July 2nd. TheStreet lowered shares of StarTek from a “c-” rating to a “d+” rating in a report on Monday, May 21st. Finally, Zacks Investment Research lowered shares of StarTek from a “hold” rating to a “strong sell” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $12.67.

About StarTek

StarTek, Inc provides business process outsourcing services in the United States, Canada, Honduras, Jamaica, and the Philippines. It operates in three segments: Domestic, Nearshore, and Offshore. The company's service offerings include customer care, sales support, inbound sales, complex order processing, accounts receivable management, technical and product support, up-sell and cross-sell opportunities, customer intelligence analytics, and other industry-specific processes.

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