Galaxy Payroll Group (NASDAQ:GLXG) Trading Up 1.2% – Time to Buy?

Galaxy Payroll Group Limited (NASDAQ:GLXGGet Free Report) shares shot up 1.2% during mid-day trading on Thursday . The stock traded as high as $3.50 and last traded at $3.45. 852 shares changed hands during trading, a decline of 91% from the average session volume of 9,730 shares. The stock had previously closed at $3.41.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Galaxy Payroll Group in a research note on Monday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on Galaxy Payroll Group

Galaxy Payroll Group Price Performance

The company has a 50-day simple moving average of $3.95 and a 200-day simple moving average of $5.05.

Galaxy Payroll Group (NASDAQ:GLXGGet Free Report) last posted its quarterly earnings data on Friday, October 24th. The company reported $2.30 earnings per share (EPS) for the quarter. The firm had revenue of $0.86 million for the quarter.

Galaxy Payroll Group Company Profile

(Get Free Report)

Galaxy Payroll Group Limited, through its subsidiaries, provides payroll outsourcing, employment, and consultancy and market research services. It has operations in Hong Kong, Macau, the People’s Republic of China, Taiwan, Japan, Australia, Thailand, Malaysia, Vietnam, India, Indonesia, and the Philippines.

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