Aptitude Software Group (LON:APTD) Trading Up 1.8% - Should You Buy?

Key Points

• Aptitude Software Group's stock increased by 1.8%, trading at GBX 281 ($3.79), although the trading volume dropped significantly to 8,679 shares, down 89% from its average.
• Canaccord Genuity reiterated a "buy" rating for the stock with a price target of GBX 445, indicating a positive outlook from analysts.
• The company reported earnings of GBX 2.50 per share, with a return on equity of 8.16% and expectations for earnings to reach 18.02 for the current fiscal year.

Aptitude Software Group plc (LON:APTD - Get Free Report)'s stock price was up 1.8% during mid-day trading on Wednesday . The company traded as high as GBX 281 ($3.79) and last traded at GBX 281 ($3.79). Approximately 8,679 shares were traded during trading, a decline of 89% from the average daily volume of 80,839 shares. The stock had previously closed at GBX 276 ($3.73).

Analysts Set New Price Targets

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

Aptitude Software Group Stock Performance

The business's 50 day simple moving average is GBX 300.52 and its two-hundred day simple moving average is GBX 295.96. The firm has a market capitalization of £155.88 million, a PE ratio of 33.28 and a beta of 0.54. The company has a current ratio of 1.11, a quick ratio of 1.01 and a debt-to-equity ratio of 18.04.

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

Aptitude Software Group Company Profile

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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