Press coverage about Pra Group (NASDAQ:PRAA) has been trending positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Pra Group earned a media sentiment score of 0.46 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 47.3550466938808 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
PRAA has been the subject of a number of recent research reports. Zacks Investment Research raised Pra Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Raymond James Financial raised Pra Group from an “underperform” rating to a “market perform” rating in a report on Wednesday, February 28th. BidaskClub cut Pra Group from a “hold” rating to a “sell” rating in a report on Saturday, January 20th. Oppenheimer started coverage on Pra Group in a report on Monday, January 8th. They issued a “hold” rating for the company. Finally, UBS Group started coverage on Pra Group in a report on Monday, January 8th. They issued a “market perform” rating for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $40.00.
Pra Group (PRAA) traded down $0.30 on Tuesday, hitting $40.05. The stock had a trading volume of 149,977 shares, compared to its average volume of 413,991. The firm has a market cap of $1,810.00, a PE ratio of 20.86 and a beta of 1.50. Pra Group has a 1-year low of $25.72 and a 1-year high of $40.55.
In related news, Director Penelope W. Kyle sold 1,975 shares of the firm’s stock in a transaction that occurred on Friday, December 29th. The stock was sold at an average price of $33.45, for a total value of $66,063.75. Following the completion of the transaction, the director now directly owns 36,425 shares of the company’s stock, valued at approximately $1,218,416.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.10% of the company’s stock.
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About Pra Group
PRA Group, Inc (PRA Group) is a financial and business services company with operations in the Americas and Europe. The Company’s primary business is the purchase, collection and management of portfolios of nonperforming loans. The Company operates through the account receivables management segment. It also provides fee-based services, such as vehicle location, skip tracing and collateral recovery for auto lenders, government entities and law enforcement; revenue administration, audit and revenue discovery/recovery services for local government entities; class action claims recovery services and purchases; servicing of consumer bankruptcy accounts in the United States, and contingent collections of nonperforming loans in Europe and South America.
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