Asure Software Inc. (ASUR) Shares Up 2%
Asure Software Inc. (NASDAQ:ASUR) shares shot up 2% during mid-day trading on Wednesday . The stock traded as high as $5.26 and last traded at $5.19, with a volume of 59,192 shares trading hands. The stock had previously closed at $5.09.
Separately, Zacks Investment Research lowered Asure Software from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 24th.
The stock’s 50 day moving average price is $4.87 and its 200 day moving average price is $5.10. The stock’s market capitalization is $33.82 million.
Asure Software (NASDAQ:ASUR) last announced its quarterly earnings results on Monday, August 15th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.17. The company earned $9.70 million during the quarter, compared to analysts’ expectations of $7.20 million. Equities research analysts expect that Asure Software Inc. will post $0.15 EPS for the current fiscal year.
Asure Software, Inc is a global provider of cloud-based software-as-a-service (SaaS) solutions that help companies to bring people, time, space and assets together. The Company serves approximately 6,000 clients in over 80 countries. The Company offers a range of solutions to help its clients optimize and manage mobile workforces and global workspaces.
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