Not all stocks surged higher in 2013, a few promising names got left behind, says Brian Frank, Portfolio Manager for the Frank Value Fund, including Performant, Liquidity Services, Vera Bradley and Vitamin Shoppe.
Trade-Ideas LLC identified Performant Financial (PFMT) as a strong on high relative volume candidate
Investors considering a purchase of Performant Financial Corp shares, but cautious about paying the going market price of $5.81/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $5 strike, which has a bid at the time of this writing of 30 cents.
Performant Financial (PFMT) has been downgraded by TheStreet Ratings from Hold to Sell with a ratings score of D+.