StockNews.com Begins Coverage on Park City Group (NASDAQ:PCYG)

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

Park City Group Stock Performance

PCYG opened at $19.87 on Tuesday. The company has a fifty day moving average of $18.43 and a two-hundred day moving average of $16.77. The stock has a market capitalization of $361.14 million, a price-to-earnings ratio of 73.59 and a beta of 1.10. Park City Group has a fifty-two week low of $4.80 and a fifty-two week high of $10.50.

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.