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Performance Sports Group (PSG) Sank To A New Low After Filing Delay

Performance Sports Group Ltd.’s (PSG), a part of Services sector and belongs to Sporting Goods Stores industry; ended its day with a loss of -46.84% and finalized at the price of $1.85. Kennedy Capital Management Inc. now owns 492,209 shares of the company’s stock worth $1,565,000 after buying an additional 242,831 shares during the last quarter. Finally, Wunderlich cut their target price on shares of Performance Sports Group from $6.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, June 9th.

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In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for Performance Sports Group Ltd as 134070. Performance Sports Group has a 12-month low of $1.18 and a 12-month high of $15.25. The company had Year Ago Sales of 147560.

For this stock, Analysts estimated the Higher, Lower and Mean EPS forecast. The Next Quarter growth is expected to be -69.2%. For the next 5 years, Performance Sports Group Ltd is expecting Growth of 0.4% per annum, whereas in the past 5 years the growth was 0% per annum.

A number of analysts rated the stock as well: 2 analysts believe that the stock is a STRONG BUY while 0 reported it as Buy.3 analysts assigned a HOLD rating, 0 said it’s UNDERPERFORM and 0 say that this stock is a SELL. Shareholders also seek price-to-earnings ratio to short-list value stocks.

Based on 9 analyst view, you find that Performance Sports Group Ltd (NYSE:PSG) is given a rating score of 2.44.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Performance Sports Group Ltd has its YTD performance of -80.79 Percent. The Bid price in the last session was $1.69 x 100 and the Ask price was $2.19 x 100. The company has market capitalization of $18.54B. The Company has 52-week high of $15.25 and 52-week low of $1.18. The moves sent its stock down 66 percent in a single day.

ATR value of company was 0.29 and Relative Strength Index (RSI) was 23.13.

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The company has its Return on Assets (ROA) of 0 Percent. Quarterly performance shows a value of -45.75% and Half Year Performance value stands at -75.1%. Value investors believe in the notion that a stock’s current market value essentially doesn’t denote the company’s performance.

Performance Sports (PSG) Stock Tanks on Annual Report Filing Delay