ActiveOps (LON:AOM) Hits New 52-Week Low - What's Next?

Key Points

• ActiveOps shares fell to a new 52-week low of GBX 90 during Monday trading, well below their 50-day and 200-day moving averages.
• Canaccord Genuity cut its price target from GBX 355 to GBX 300 but maintained a “Buy” rating. The stock has a consensus “Buy” rating and a GBX 300 target.
• Insider Emma Salthouse sold 25,269 shares for approximately £48,011 in August; corporate insiders currently own 13.06% of the company.

Shares of ActiveOps Plc (LON:AOM - Get Free Report) hit a new 52-week low during trading on Monday. The stock traded as low as GBX 90 and last traded at GBX 90.84, with a volume of 58,786 shares. The stock had previously closed at GBX 92.50.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group decreased their price target on shares of ActiveOps from GBX 355 to GBX 300 and set a "buy" rating on the stock in a research note on Monday, October 12th. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, ActiveOps currently has an average rating of "Buy" and a consensus target price of GBX 300.

ActiveOps Stock Performance

The company has a market cap of £65.02 million, a P/E ratio of -28.13 and a beta of 0.80. The stock has a 50 day moving average price of GBX 171.41 and a two-hundred day moving average price of GBX 213.20. The company has a quick ratio of 1.20, a current ratio of 0.68 and a debt-to-equity ratio of 1.49.

Insider Buying and Selling

In other ActiveOps news, insider Emma Salthouse sold 25,269 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of GBX 190, for a total transaction of £48,011.10. 13.06% of the stock is currently owned by corporate insiders.

ActiveOps Company Profile

ActiveOps' offerings provide predictive and prescriptive insight to help service operations make better decisions - faster. The Company's AI-powered SaaS solutions are underpinned by 15+ years of operational data and its AOM methodology that's proven to drive cross department decision-making. With Decision Intelligence, ActiveOps' customers deliver MORE - release 20%+ capacity within the first 12 months and boost productivity by 30%+ leading to MORE business impact. Customer turnaround times are improved substantially, costs are reduced, SLAs are met, and employees are happier and more engaged.

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