American Software Inc. (AMSWA) Hits New 12-Month High at $11.76
Shares of American Software Inc. (NASDAQ:AMSWA) reached a new 52-week high during trading on Thursday . The company traded as high as $11.76 and last traded at $11.69, with a volume of 71,526 shares. The stock had previously closed at $11.27.
Separately, B. Riley reiterated a “buy” rating and set a $12.50 target price on shares of American Software in a research report on Tuesday.
The stock has a market cap of $307.35 million and a price-to-earnings ratio of 30.29. The company has a 50 day moving average price of $11.02 and a 200-day moving average price of $9.76.
American Software (NASDAQ:AMSWA) last released its quarterly earnings data on Thursday, August 25th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by $0.02. On average, equities analysts forecast that American Software Inc. will post $0.33 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 2nd. Investors of record on Friday, November 11th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Tuesday, November 8th. This represents a $0.44 annualized dividend and a yield of 4.15%.
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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