Resources Connection Stock Hits New 52-Week Low (RECN)

NEW YORK ( TheStreet) -- Resources Connection (Nasdaq: RECN) hit a new 52-week low Friday as it is currently trading at $9.55, below its previous 52-week low of $9.56 with 98,221 shares traded as of 1:40 p.m. ET. Average volume has been 347,800 shares over the past 30 days.

Resources Connection has a market cap of $476.2 million and is part of the services sector and diversified services industry. Shares are down 46.3% year to date as of the close of trading on Thursday.

Resources Connection, Inc. The company has a P/E ratio of 19.7, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Resources Connection as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Resources Connection Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

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