Upland Software Inc. (UPLD) Trading Up 5.2%
Shares of Upland Software Inc. (NASDAQ:UPLD) were up 5.2% on Friday . The stock traded as high as $8.55 and last traded at $8.50, with a volume of 53,707 shares traded. The stock had previously closed at $8.08.
Several analysts have recently weighed in on UPLD shares. Canaccord Genuity reissued a “buy” rating on shares of Upland Software in a report on Friday. Roth Capital reissued a “buy” rating on shares of Upland Software in a report on Sunday, July 10th.
The stock’s market cap is $147.96 million. The firm has a 50 day moving average of $7.62 and a 200 day moving average of $7.09.
Upland Software (NASDAQ:UPLD) last issued its quarterly earnings results on Thursday, August 11th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.19) by $0.03. The company earned $18.60 million during the quarter, compared to analysts’ expectations of $17.88 million. The business’s revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the business earned ($0.22) earnings per share. On average, equities research analysts expect that Upland Software Inc. will post ($0.74) earnings per share for the current fiscal year.
In related news, major shareholder Esw Capital, Llc purchased 5,620 shares of Upland Software stock in a transaction that occurred on Monday, May 16th. The stock was purchased at an average cost of $7.00 per share, with a total value of $39,340.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Upland Software Inc is a provider of cloud-based enterprise work management software. The Company provides a family of cloud-based enterprise work management software applications for the information technology, process excellence, finance, professional services and marketing functions within organizations.
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