InnerWorkings (INWK) Receives a Hold from Barrington

In a report released today, Kevin Steinke from Barrington maintained a Hold rating on InnerWorkings (INWKResearch Report). The company’s shares opened today at $3.84, close to its 52-week low of $3.12.

Steinke said:

“s for cost‐cutting and reconfiguring the company’s workflow processes and organizational structure, which should result in a more scalable business model.”

According to TipRanks.com, Steinke is a 1-star analyst with an average return of -3.3% and a 41.9% success rate. Steinke covers the Services sector, focusing on stocks such as Cross Country Healthcare, Echo Global Logistics, and Heidrick & Struggles.

The word on The Street in general, suggests a Hold analyst consensus rating for InnerWorkings.

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The company has a one-year high of $9.03 and a one-year low of $3.12. Currently, InnerWorkings has an average volume of 157.7K.

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InnerWorkings, Inc. engages in the provision of marketing execution solutions. It includes procurement of marketing materials, branded merchandise, product packaging, and retail displays. It operates through the following segment: North America, EMEA, and LATAM. The North America segment includes operations in the United States, and Canada.