StarTek (NYSE:SRT) Earns Coverage Optimism Rating of 0.13

Press coverage about StarTek (NYSE:SRT) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. StarTek earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 45.2082864417238 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

StarTek (SRT) opened at $10.00 on Thursday. The company has a market cap of $160.30, a PE ratio of 76.92 and a beta of -0.10. StarTek has a 1-year low of $7.75 and a 1-year high of $14.78. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.44.

SRT has been the subject of several recent research reports. Zacks Investment Research lowered shares of StarTek from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th. Royal Bank of Canada dropped their price target on shares of StarTek from C$11.25 to C$11.00 and set a “sector perform” rating on the stock in a research note on Monday, November 6th. Finally, Robert W. Baird restated a “hold” rating and set a $12.00 price target on shares of StarTek in a research note on Wednesday, October 4th.

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About StarTek

StarTek, Inc is a customer engagement business process outsourcing (BPO) services provider, delivering customer care solutions. The Company operates through three segments: Domestic, Nearshore and Offshore. As of December 31, 2016, its Domestic segment included the operations of 13 facilities in the United States and one facility in Canada; its Offshore segment included the operations of four facilities in the Philippines, and its Nearshore segment included the operations of two facilities in Honduras and one facility in Jamaica.

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