Troika Media Group (NASDAQ:TRKA) Stock Rating Reaffirmed by EF Hutton Acquisition Co. I

Troika Media Group (NASDAQ:TRKA – Get Rating)‘s stock had its “buy” rating restated by EF Hutton Acquisition Co. I in a report released on Thursday, Benzinga reports. They presently have a $1.50 price objective on the stock. EF Hutton Acquisition Co. I’s price objective suggests a potential upside of 460.96% from the stock’s previous close.

Troika Media Group Price Performance

Shares of NASDAQ:TRKA opened at $0.27 on Thursday. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 4.87. The stock’s fifty day simple moving average is $0.24 and its two-hundred day simple moving average is $0.29. Troika Media Group has a 1-year low of $0.10 and a 1-year high of $1.42. The stock has a market cap of $17.92 million, a PE ratio of -0.38 and a beta of 2.47.

Hedge Funds Weigh In On Troika Media Group

Several large investors have recently bought and sold shares of the stock. SG3 Management LLC bought a new position in Troika Media Group during the 4th quarter valued at $196,000. HighTower Advisors LLC bought a new position in Troika Media Group during the 1st quarter valued at $1,583,000. Millennium Management LLC bought a new position in Troika Media Group during the 4th quarter valued at $37,000. Virtu Financial LLC lifted its stake in Troika Media Group by 1,310.2% during the 4th quarter. Virtu Financial LLC now owns 288,539 shares of the company’s stock valued at $33,000 after acquiring an additional 268,078 shares in the last quarter. Finally, Empery Asset Management LP bought a new stake in shares of Troika Media Group during the 3rd quarter worth $62,000. 7.08% of the stock is currently owned by institutional investors.

About Troika Media Group

(Get Rating)

Troika Media Group, Inc, a professional services company, provides consulting and solution services worldwide. It offers brand building and activation, marketing innovation and enterprise technology, and performance and customer acquisition; and internal and external creative, technical or media-based resources, third party advertising technology solutions, proprietary business intelligence systems, data delivery systems, and other key services.