Aptitude Software Group (LON:APTD) Shares Up 0.7% - Time to Buy?

Key Points

• Aptitude Software Group's shares rose by 0.7%, closing at GBX 300 ($4.07), despite a significant drop in trading volume, which fell 56% from its average.
• Canaccord Genuity Group maintains a "buy" rating for the stock with a target price of GBX 445, indicating positive sentiment among analysts.
• The company's latest earnings report showed an EPS of GBX 2.50, with expectations for a total EPS of 18.02 for the year, reflecting their potential for growth.

Aptitude Software Group plc (LON:APTD - Get Free Report)'s share price was up 0.7% during trading on Thursday . The stock traded as high as GBX 300 ($4.07) and last traded at GBX 300 ($4.07). Approximately 34,034 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 77,924 shares. The stock had previously closed at GBX 298 ($4.04).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 445 price target on shares of Aptitude Software Group in a report on Wednesday, August 6th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of GBX 445.

Aptitude Software Group Price Performance

The company has a current ratio of 1.11, a quick ratio of 1.01 and a debt-to-equity ratio of 18.04. The company's fifty day moving average is GBX 290.41 and its two-hundred day moving average is GBX 293.03. The stock has a market cap of £165.53 million, a price-to-earnings ratio of 3,947.37 and a beta of 0.54.

Aptitude Software Group (LON:APTD - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported GBX 2.50 EPS for the quarter. Aptitude Software Group had a return on equity of 8.16% and a net margin of 6.71%. As a group, research analysts predict that Aptitude Software Group plc will post 18.018018 earnings per share for the current year.

About Aptitude Software Group

Aptitude Software provides software solutions that deliver fully autonomous finance to enable its clients to drive growth, efficiency and sustainability. Fynapse is Aptitude's intelligent finance data management and accounting platform designed to increase productivity and lower costs for finance teams globally.

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