Shares of Asure Software Inc (NASDAQ:ASUR - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.61 and traded as high as $8.81. Asure Software shares last traded at $8.56, with a volume of 100,615 shares changing hands.
Wall Street Analyst Weigh In
ASUR has been the subject of a number of recent analyst reports. Wall Street Zen raised Asure Software from a "hold" rating to a "buy" rating in a report on Saturday, March 28th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Asure Software in a report on Wednesday, January 21st. Finally, Barrington Research reaffirmed an "outperform" rating and set a $15.00 target price on shares of Asure Software in a report on Friday, February 20th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Asure Software presently has a consensus rating of "Hold" and a consensus target price of $15.00.
Read Our Latest Analysis on ASUR
Asure Software Trading Down 2.5%
The stock has a market cap of $245.16 million, a P/E ratio of -18.21, a P/E/G ratio of 1.09 and a beta of 0.48. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.06 and a current ratio of 1.07. The stock has a 50-day moving average price of $8.42 and a 200-day moving average price of $8.61.
Institutional Trading of Asure Software
A number of large investors have recently modified their holdings of ASUR. Rice Hall James & Associates LLC boosted its position in shares of Asure Software by 39.2% during the 4th quarter. Rice Hall James & Associates LLC now owns 595,201 shares of the technology company's stock valued at $5,607,000 after acquiring an additional 167,756 shares during the last quarter. Wasatch Advisors LP boosted its position in shares of Asure Software by 19.6% during the 2nd quarter. Wasatch Advisors LP now owns 770,025 shares of the technology company's stock valued at $7,515,000 after acquiring an additional 126,450 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Asure Software by 100.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 173,105 shares of the technology company's stock valued at $1,631,000 after acquiring an additional 86,890 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its position in shares of Asure Software by 43.8% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 267,759 shares of the technology company's stock valued at $2,196,000 after acquiring an additional 81,550 shares during the last quarter. Finally, Kennedy Capital Management LLC boosted its position in shares of Asure Software by 18.6% during the 3rd quarter. Kennedy Capital Management LLC now owns 514,963 shares of the technology company's stock valued at $4,223,000 after acquiring an additional 80,716 shares during the last quarter. Institutional investors own 71.58% of the company's stock.
About Asure Software
(
Get Free Report)
Asure Software, Inc NASDAQ: ASUR is a Texas‐based technology company specializing in cloud‐based workforce and workspace management solutions. The company develops software that streamlines human capital management (HCM), payroll processing, time and attendance tracking, and workspace reservation for businesses seeking to optimize employee experience and operational efficiency.
The Asure platform includes modules for payroll administration, benefits enrollment, performance management, applicant tracking and onboarding, as well as mobile and web‐based timekeeping.
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