Shares of Quad/Graphics, Inc. (NYSE:QUAD) traded up 8.4% during trading on Wednesday . The stock traded as high as $5.21 and last traded at $5.16, 395,400 shares changed hands during mid-day trading. An increase of 18% from the average session volume of 334,604 shares. The stock had previously closed at $4.76.
Several equities analysts have recently commented on the stock. TheStreet lowered shares of Quad/Graphics from a “c-” rating to a “d+” rating in a report on Friday, November 1st. Zacks Investment Research upgraded shares of Quad/Graphics from a “sell” rating to a “buy” rating and set a $5.50 price objective on the stock in a report on Tuesday, January 7th. Finally, Buckingham Research decreased their price objective on shares of Quad/Graphics from $7.00 to $5.00 and set a “neutral” rating on the stock in a report on Friday, December 20th.
The firm’s fifty day moving average price is $4.74 and its 200 day moving average price is $7.08. The company has a current ratio of 1.06, a quick ratio of 0.70 and a debt-to-equity ratio of 4.95. The stock has a market capitalization of $259.22 million, a price-to-earnings ratio of -1.35 and a beta of 1.58.
In related news, COO Thomas J. Frankowski acquired 11,000 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were purchased at an average cost of $4.30 per share, for a total transaction of $47,300.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 10.85% of the company’s stock.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. First Trust Advisors LP increased its stake in Quad/Graphics by 2.3% during the 1st quarter. First Trust Advisors LP now owns 55,889 shares of the business services provider’s stock worth $665,000 after buying an additional 1,280 shares during the period. Tower Research Capital LLC TRC purchased a new stake in Quad/Graphics during the 3rd quarter worth approximately $26,000. Rhumbline Advisers increased its stake in Quad/Graphics by 10.1% during the 3rd quarter. Rhumbline Advisers now owns 50,691 shares of the business services provider’s stock worth $533,000 after buying an additional 4,665 shares during the period. Swiss National Bank increased its stake in Quad/Graphics by 8.1% during the 4th quarter. Swiss National Bank now owns 63,900 shares of the business services provider’s stock worth $298,000 after buying an additional 4,800 shares during the period. Finally, Citigroup Inc. increased its stake in Quad/Graphics by 71.4% during the 4th quarter. Citigroup Inc. now owns 11,842 shares of the business services provider’s stock worth $55,000 after buying an additional 4,934 shares during the period. 53.82% of the stock is currently owned by hedge funds and other institutional investors.
Quad/Graphics Company Profile (NYSE:QUAD)
Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.
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