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Computer Task Group Inc (CTG) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Computer Task Group Inc (CTG) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Computer Task Group Inc is an IT solutions and staffing services company with operations in North America and Europe. The company's services include IT solutions and IT and other staffing. Computer Task Group Inc has a market cap of $57.700 million; its shares were traded at around $4.04 with and P/S ratio of 0.16.


For the last quarter Computer Task Group Inc reported a revenue of $93.1 million, compared with the revenue of $74.64 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $358.8 million, an increase of 19.1% from last year. For the last five years Computer Task Group Inc had an average revenue decline of 4.8% a year.

The reported loss per diluted share was 20 cents for the year, compared with the earnings per share of $-2.22 in the previous year. The Computer Task Group Inc had an operating margin of 0.58%, compared with the operating margin of 1.31% a year before. The 10-year historical median operating margin of Computer Task Group Inc is 3.90%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Computer Task Group Inc has the cash and cash equivalents of $12.4 million, compared with $11.2 million in the previous year. The long term debt was $3.64 million, compared with $4.44 million in the previous year. Computer Task Group Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $4.04, Computer Task Group Inc is traded at 55.5% discount to its historical median P/S valuation band of $9.08. The P/S ratio of the stock is 0.16, while the historical median P/S ratio is 0.36. The stock lost 49.5% during the past 12 months.

For the complete 20-year historical financial data of CTG, click here.

This article first appeared on GuruFocus.