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Hackett Group, Inc support, resistance research

Stock : HCKT |   Stock Recommendations : Buy
Sector : Services |   First resistance : 3.04
Stock Name : Hackett Group, Inc |   Second resistance : 3.38
Buy Near : 2.12 |   Third resistance : 5.44
StopLoss : 1.88 |   First Support : 2.00
Posted date : 6/6/2009 1:32:46 AM |   Second Support : 1.88

Penny Stock Alert - Hackett Group, Inc. (HCKT) is a global strategic advisory firm and company is a leader in best practice advisory, benchmarking, and transformation consulting services, including shared services, outsourcing and off shoring advice. Hackett business application consulting services helps costumer to maximize returns on IT investments

   At the end of the first quarter of 2009, the Hackett Group, Inc. (HCKT) got cash balance $26.3 million, and as per company Stock repurchase plan, the Company already repurchased approximately 1.0 million shares at average price $2.08 per share, for a total cost of $2.1 million. And still approximately $4.8 million remained available under the Company’s share repurchase program.

Based on the current economic Outlook, the Hackett Group, Inc. (HCKT) estimates total revenue for the second quarter of 2009 to be in the range of $34.0 M to $36.0 M and estimates earnings per share to be in the range of $0.00 to $0.03. Recently Wipro Technologies (WIT) announced they partnered with Oracle for best-of-breed HR platform solutions and for that Wipro has also selected The Hackett Group (HCKT), to provide empirical data, best practices and world-class Performance insights on the development of its innovative bundled solution platform. The solution, allows employers to reduce and control cost as it provides an opportunity to centralize and standardize processes while eliminating duplicative management structures.

As per chart analysis Hackett Group, Inc. (HCKT) Relative Strength (RSI) started to strengthening, rate of change also got good moment again there are strong demand closer to $2.12 that indicating accumulation going on, with good capital in hand and suitable to present economy business model offering over all best penny Stock investing option.

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Recent News Head Lines
Hackett Group (HCKT) Loses 17.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
(Fri, 20 May 2022 13:35:01 +0000)
Hackett Group (HCKT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
CIOs are Prepared for Likely Disruptive Scenarios in 2022, But Face Challenges with Skills Shortages and Enterprise Analytics
(Tue, 17 May 2022 14:00:00 +0000)
MIAMI & LONDON, May 17, 2022--Technology leaders are prepared to address the transition to virtual work and as-a-service deployment in 2022 – two of the most likely disruptive scenarios, according to new Technology Key Issues research from The Hackett Group, Inc. (NASDAQ: HCKT). However, according to the research, they lack confidence in their ability to deal with several other issues, including persistent skill shortages and the ability to develop more mature enterprise analytics capabilities t
Hackett Group (NASDAQ:HCKT) Has Re-Affirmed Its Dividend Of US$0.11
(Sun, 15 May 2022 12:13:28 +0000)
The Hackett Group, Inc.'s ( NASDAQ:HCKT ) investors are due to receive a payment of US$0.11 per share on 8th of July...
Top HR Priorities for 2022 Will Be Difficult to Achieve
(Thu, 12 May 2022 14:00:00 +0000)
MIAMI & LONDON, May 12, 2022--HR leaders lack confidence in their ability to achieve seven of their top 10 priorities for 2022, according to new HR Key Issues research from The Hackett Group, Inc. (NASDAQ: HCKT). It will take improvements in digital transformation, talent strategies and more for them to succeed.
Hackett Group (HCKT) Tops Q1 Earnings and Revenue Estimates
(Tue, 10 May 2022 22:35:10 +0000)
Hackett Group (HCKT) delivered earnings and revenue surprises of 18.75% and 5.79%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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