Performant Financial traded at $2.68 this Tuesday April 9th, decreasing $0.01 or 0.37 percent since the previous trading session. Looking back, over the last four weeks, Performant Financial lost 12.13 percent. Over the last 12 months, its price fell by 18.29 percent. Looking ahead, we forecast Performant Financial to be priced at 2.60 by the end of this quarter and at 2.37 in one year, according to Trading Economics global macro models projections and analysts expectations.
Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer services, and related analytics services in the United States. The Company's services identify and recover delinquent or defaulted assets and improper payments for both government and private clients in a range of markets. The Company provides its services on an outsourced basis where the Company handles many or all aspects of its clients' recovery processes. The Company uses its technology-enabled services platform to provide recovery and analytics services in a range of markets for the identification and recovery of improper healthcare payments, delinquent state and federal tax receivables, federal treasury receivables, and defaulted student loans. It provides recovery services to clients in federal guaranteed student loan program and private institutions. The Company provides audit and recovery services to identify improper healthcare payments for public and private healthcare clients.