American Software Inc. (AMSWA) Sees Strong Trading Volume
Shares of American Software Inc. (NASDAQ:AMSWA) saw unusually-strong trading volume on Monday . Approximately 59,742 shares were traded during mid-day trading, an increase of 10% from the previous session’s volume of 54,404 shares.The stock last traded at $10.00 and had previously closed at $10.60.
A number of equities research analysts recently commented on AMSWA shares. B. Riley restated a “buy” rating and set a $12.50 price target on shares of American Software in a research report on Sunday. Zacks Investment Research upgraded American Software from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research report on Monday.
The company has a 50 day moving average price of $11.00 and a 200-day moving average price of $9.78. The firm has a market cap of $288.50 million and a price-to-earnings ratio of 31.16.
American Software (NASDAQ:AMSWA) last announced its quarterly earnings data on Thursday, August 25th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by $0.02. Equities research analysts anticipate that American Software Inc. will post $0.31 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 2nd. Investors of record on Friday, November 11th will be paid a $0.11 dividend. The ex-dividend date is Tuesday, November 8th. This represents a $0.44 dividend on an annualized basis and a yield of 4.41%.
American Software, Inc (American Software), develops, markets and supports a portfolio of software and services that delivers enterprise management and collaborative supply chain solutions to the global marketplace. American Software operates three business segments: Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting.
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