Park City Group (NASDAQ:PCYG) Stock Passes Above Two Hundred Day Moving Average of $11.87

Park City Group, Inc. (NASDAQ:PCYG) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.87 and traded as high as $15.30. Park City Group shares last traded at $15.10, with a volume of 54,210 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Park City Group in a research report on Thursday. They set a “hold” rating for the company.

Park City Group Stock Performance

The company’s 50-day moving average price is $14.77 and its 200 day moving average price is $11.87. The stock has a market capitalization of $274.44 million, a PE ratio of 55.93 and a beta of 1.10.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PCYG. Citigroup Inc. increased its stake in shares of Park City Group by 350,300.0% in the 3rd quarter. Citigroup Inc. now owns 28,032 shares of the technology company’s stock worth $246,000 after acquiring an additional 28,024 shares in the last quarter. O Shaughnessy Asset Management LLC increased its stake in Park City Group by 115.4% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 41,932 shares of the technology company’s stock valued at $367,000 after purchasing an additional 22,469 shares in the last quarter. Ritholtz Wealth Management bought a new stake in Park City Group during the 3rd quarter valued at about $177,000. Stifel Financial Corp increased its stake in Park City Group by 53.1% during the 1st quarter. Stifel Financial Corp now owns 54,750 shares of the technology company’s stock valued at $344,000 after purchasing an additional 19,000 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Park City Group by 2.9% during the 3rd quarter. Vanguard Group Inc. now owns 664,402 shares of the technology company’s stock valued at $5,820,000 after purchasing an additional 18,806 shares in the last quarter. 26.36% of the stock is currently owned by institutional investors.

About Park City Group

Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in North America. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution; ReposiTrak Compliance and Food Safety solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain solutions that enables customers to manage relationships with suppliers.