Does Performant Financial Corp (PFMT) Have Any Gas After Today’s Huge Increase?

May 19, 2017 - By Hazel Jackson

The stock of Performant Financial Corp (NASDAQ:PFMT) is a huge mover today! About 84,311 shares traded or 159.15% up from the average. Performant Financial Corp (NASDAQ:PFMT) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.
The move comes after 7 months positive chart setup for the $125.04M company. It was reported on May, 19 by Barchart.com. We have $2.59 PT which if reached, will make NASDAQ:PFMT worth $10.00M more.

More recent Performant Financial Corp (NASDAQ:PFMT) news were published by: Quotes.Wsj.com which released: “Performant Financial Corp. PFMT (US: Nasdaq)” on August 08, 2012. Also Globenewswire.com published the news titled: “Performant Financial Corporation Announces Financial Results for Fourth …” on March 01, 2017. Washingtonpost.com‘s news article titled: “Dems raise concern about possible links between DeVos and student debt …” with publication date: January 17, 2017 was also an interesting one.

Performant Financial Corporation provides technology-enabled recovery and related analytics services in the United States. The company has market cap of $125.04 million. The Company’s services identify and recover delinquent or defaulted assets and improper payments for both government and private clients in a range of markets. It currently has negative earnings. The Firm provides its services on an outsourced basis where the Company handles many or all aspects of its clients’ recovery processes.

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