Information Services Group, Inc. (NASDAQ:III) has been assigned a consensus recommendation of “Buy” from the six ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $5.25.
A number of analysts recently commented on III shares. Zacks Investment Research upgraded Information Services Group from a “hold” rating to a “buy” rating and set a $4.75 price objective for the company in a research report on Thursday, August 9th. Barrington Research reiterated a “buy” rating and issued a $6.00 price objective on shares of Information Services Group in a research report on Thursday, August 2nd. Noble Financial reiterated a “buy” rating and issued a $5.00 price objective on shares of Information Services Group in a research report on Tuesday, August 7th. ValuEngine lowered Information Services Group from a “buy” rating to a “hold” rating in a research report on Saturday, November 10th. Finally, TheStreet upgraded Information Services Group from a “d+” rating to a “c-” rating in a research report on Tuesday, September 4th.
Shares of Information Services Group stock traded down $0.04 during trading on Tuesday, reaching $4.14. The company’s stock had a trading volume of 16,374 shares, compared to its average volume of 44,503. The company has a quick ratio of 2.44, a current ratio of 2.44 and a debt-to-equity ratio of 1.19. Information Services Group has a one year low of $3.83 and a one year high of $5.45. The stock has a market capitalization of $187.07 million, a price-to-earnings ratio of 18.82, a P/E/G ratio of 1.12 and a beta of 0.31.
About Information Services Group
Information Services Group, Inc operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services.
Further Reading: Quiet Period
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