Upland Software Inc. (UPLD) Trading 5.2% Higher
Shares of Upland Software Inc. (NASDAQ:UPLD) traded up 5.2% during trading on Friday . The stock traded as high as $8.55 and last traded at $8.50, with a volume of 53,707 shares changing hands. The stock had previously closed at $8.08.
A number of analysts recently issued reports on UPLD shares. Roth Capital restated a “buy” rating on shares of Upland Software in a research report on Sunday, July 10th. Canaccord Genuity restated a “buy” rating on shares of Upland Software in a research report on Saturday, May 14th.
The stock’s market cap is $138.04 million. The stock has a 50 day moving average price of $7.65 and a 200 day moving average price of $7.10.
Upland Software (NASDAQ:UPLD) last issued its quarterly earnings data on Thursday, August 11th. The company reported ($0.22) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by $0.03. The company had revenue of $18.60 million for the quarter, compared to analysts’ expectations of $17.88 million. The firm’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.22) EPS. Equities research analysts forecast that Upland Software Inc. will post ($0.74) EPS for the current year.
In related news, major shareholder Esw Capital, Llc purchased 63,903 shares of the company’s stock in a transaction on Tuesday, May 24th. The shares were bought at an average cost of $7.43 per share, for a total transaction of $474,799.29. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
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.