Papa Murphy's Holdings Inc(NASDAQ:FRSH) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Mar 15, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $35.485M. Analysts estimated a revenue of $39.190M. The revenues were -9.45% below the estimates. Earnings per share were $0.09. The reported EPS was above estimates by 350%. Analysts had estimated an EPS of $0.02.
Papa Murphy's Holdings Inc (FRSH) shares turned negative on Fridays trading session with the shares closing down -0.08 points or -1.90% at a volume of 2,21,578. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $4.39. The peak price level was also seen at $4.39 while the days lowest was $4.14. Finally the shares closed at $4.14. The 52-week high of the shares is $12.96 while the 52-week low is $3.56. According to the latest information available, the market cap of the company is $70 M.
Several Insider Transactions has been reported to the SEC. On Dec 1, 2016, Jayson Tipp (SVP Tech & Chief Develop Off) purchased 4,100 shares at $4.84 per share price.Also, On Nov 25, 2016, Jean Birch (director) purchased 10,000 shares at $4.69 per share price.On Nov 25, 2016, Dan Harmon (SVP of Operations) purchased 10,515 shares at $4.70 per share price, according to the Form-4 filing with the securities and exchange commission.
Papa Murphy’s Holdings Inc. is a franchisor and operator of the Take ‘N’ Bake pizza chain in the United States. The Company operated a total of 1461 system-wide stores as of December 29 2014. The Company’s offerings include Signature pizzas which include classic combinations of twists; Gourmet Delite pizzas including gourmet combination offerings with 25% less fat and 35% fewer calories than the Signature pizzas; Stuffed pizzas which consists of two-layer four-pound pizzas with meats and vegetables stuffed in two layers of dough; Fresh Pan pizza including signature recipes with a fresh thicker buttery crust; Create Your Own (C.Y.O.) pizzas including customer selection of crust sauce and various combination of the cheese meat and vegetable toppings; and FAVES which consists of three simple pizza classics.