Aptitude Software Group (LON:APTD) Shares Down 2% – Here’s Why

Aptitude Software Group plc (LON:APTD)’s share price dropped 2% on Monday . The stock traded as low as GBX 292 and last traded at GBX 292. Approximately 53,003 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 72,898 shares. The stock had previously closed at GBX 298.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 445 price target on shares of Aptitude Software Group in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Aptitude Software Group presently has a consensus rating of “Buy” and a consensus price target of GBX 445.

Aptitude Software Group Price Performance

The company has a debt-to-equity ratio of 18.04, a quick ratio of 1.01 and a current ratio of 1.11. The company has a market cap of £160.66 million, a PE ratio of 38.42 and a beta of 0.54. The company’s 50-day simple moving average is GBX 297.19 and its 200 day simple moving average is GBX 296.74.

Aptitude Software Group (LON:APTD) last issued its quarterly earnings results on Wednesday, August 6th. The company reported GBX 2.50 EPS for the quarter. Aptitude Software Group had a net margin of 6.71% and a return on equity of 8.16%. On average, sell-side analysts predict that Aptitude Software Group plc will post 18.018018 earnings per share for the current fiscal 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.