Spok Holdings, Inc. (NASDAQ:SPOK - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.68 and traded as high as $17.25. Spok shares last traded at $17.00, with a volume of 95,022 shares changing hands.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded shares of Spok from a "hold" rating to a "buy" rating in a research report on Friday, October 25th.
Get Our Latest Stock Report on Spok
Spok Stock Performance
The firm's 50-day moving average is $16.19 and its two-hundred day moving average is $15.70. The stock has a market cap of $333.04 million, a P/E ratio of 22.51 and a beta of 0.33.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets raised its position in shares of Spok by 18.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,837 shares of the Wireless communications provider's stock valued at $58,000 after acquiring an additional 609 shares during the last quarter. Invesco Ltd. boosted its stake in Spok by 2.4% in the 4th quarter. Invesco Ltd. now owns 40,116 shares of the Wireless communications provider's stock worth $644,000 after purchasing an additional 938 shares during the period. Sanctuary Advisors LLC boosted its stake in Spok by 4.9% in the 4th quarter. Sanctuary Advisors LLC now owns 27,269 shares of the Wireless communications provider's stock worth $439,000 after purchasing an additional 1,271 shares during the period. Stifel Financial Corp boosted its stake in Spok by 7.3% in the 4th quarter. Stifel Financial Corp now owns 18,791 shares of the Wireless communications provider's stock worth $302,000 after purchasing an additional 1,286 shares during the period. Finally, Lazard Asset Management LLC boosted its stake in Spok by 30.8% in the 4th quarter. Lazard Asset Management LLC now owns 5,868 shares of the Wireless communications provider's stock worth $94,000 after purchasing an additional 1,383 shares during the period. Institutional investors own 50.81% of the company's stock.
About Spok
(
Get Free Report)
Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company's products and services enhance workflows for clinicians and support administrative compliance. It delivers clinical information to care teams when and where it matters to enhance patient outcomes; and provides GenA Pager, a one-way alphanumeric pager.
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