Canaccord Genuity Group Reaffirms Buy Rating for Aptitude Software Group (LON:APTD)

Key Points

• Canaccord Genuity Group has reaffirmed a "buy" rating for Aptitude Software Group (APTD) with a target price of GBX 445 ($5.92), indicating a potential upside of 56.14% from its previous close.
• Aptitude Software Group's stock opened at GBX 285 ($3.79) and has experienced fluctuations with a 12-month low of GBX 245 ($3.26) and a high of GBX 369 ($4.91).
• The company specializes in autonomous finance software solutions, including its Fynapse platform, aiming to enhance productivity and reduce costs for finance teams worldwide.

Aptitude Software Group (LON:APTD - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Canaccord Genuity Group in a research note issued on Wednesday, Marketbeat Ratings reports. They presently have a GBX 445 ($5.99) price target on the stock. Canaccord Genuity Group's price objective indicates a potential upside of 58.93% from the stock's current price.

Aptitude Software Group Stock Performance

Shares of LON:APTD remained flat at GBX 280 ($3.77) on Wednesday. The stock had a trading volume of 476,089 shares, compared to its average volume of 84,190. The business has a 50 day simple moving average of GBX 309 and a 200-day simple moving average of GBX 300.24. Aptitude Software Group has a 52-week low of GBX 245 ($3.30) and a 52-week high of GBX 369 ($4.96). The stock has a market capitalization of £155.33 million, a PE ratio of 33.16 and a beta of 0.54. The company has a debt-to-equity ratio of 18.04, a current ratio of 1.11 and a quick ratio of 1.01.

Aptitude Software Group (LON:APTD - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported GBX 2.50 ($0.03) 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%. Sell-side analysts expect that Aptitude Software Group will post 18.018018 EPS 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.