Quad/Graphics (NYSE:QUAD) Stock Price Crosses Below 50 Day Moving Average of $5.44

Shares of Quad/Graphics, Inc. (NYSE:QUAD) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $5.44 and traded as low as $4.96. Quad/Graphics shares last traded at $5.07, with a volume of 132,899 shares.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded shares of Quad/Graphics from a “d+” rating to a “c” rating in a research note on Wednesday, February 14th.

Quad/Graphics Stock Down 1.7 %

The firm has a market cap of $265.07 million, a price-to-earnings ratio of -4.41 and a beta of 1.62. The firm’s 50 day moving average price is $5.44 and its two-hundred day moving average price is $5.15. The company has a debt-to-equity ratio of 3.08, a current ratio of 0.74 and a quick ratio of 0.52.

Quad/Graphics (NYSE:QUAD) last announced its earnings results on Tuesday, February 20th. The business services provider reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.10. Quad/Graphics had a negative net margin of 1.87% and a positive return on equity of 18.28%. The business had revenue of $787.90 million during the quarter, compared to the consensus estimate of $758.40 million. During the same quarter in the prior year, the firm earned $0.41 earnings per share. As a group, sell-side analysts forecast that Quad/Graphics, Inc. will post 0.74 earnings per share for the current fiscal year.

Quad/Graphics Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Tuesday, February 27th were given a $0.05 dividend. The ex-dividend date was Monday, February 26th. This represents a $0.20 dividend on an annualized basis and a yield of 3.94%. Quad/Graphics’s payout ratio is currently -17.39%.

Institutional Investors Weigh In On Quad/Graphics

Hedge funds have recently added to or reduced their stakes in the company. UBS Group AG lifted its position in Quad/Graphics by 2,432.1% in the first quarter. UBS Group AG now owns 3,545 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 3,405 shares during the period. Qube Research & Technologies Ltd acquired a new stake in Quad/Graphics in the third quarter valued at about $28,000. Tower Research Capital LLC TRC lifted its position in Quad/Graphics by 241.0% in the third quarter. Tower Research Capital LLC TRC now owns 6,848 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 4,840 shares during the period. Citigroup Inc. acquired a new stake in shares of Quad/Graphics during the 2nd quarter valued at approximately $35,000. Finally, Royal Bank of Canada lifted its position in shares of Quad/Graphics by 1,678.2% during the 1st quarter. Royal Bank of Canada now owns 5,868 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 5,538 shares during the period. Institutional investors and hedge funds own 39.52% of the company’s stock.

About Quad/Graphics

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.