American Software Inc. (NASDAQ:AMSWA) rose 3.8% during mid-day trading on Tuesday . The company traded as high as $10.42 and last traded at $10.35, with a volume of 62,291 shares traded. The stock had previously closed at $9.97.

A number of research firms recently commented on AMSWA. B. Riley reissued a “buy” rating and issued a $12.00 target price on shares of American Software in a research note on Tuesday, June 21st. Zacks Investment Research raised American Software from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research note on Monday.

The company’s 50-day moving average price is $11.00 and its 200-day moving average price is $9.78. The stock has a market cap of $301.81 million and a price-to-earnings ratio of 32.59.

American Software (NASDAQ:AMSWA) last posted its earnings results on Thursday, August 25th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by $0.02. Equities analysts forecast that American Software Inc. will post $0.31 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 2nd. Stockholders of record on Friday, November 11th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date of this dividend is Tuesday, November 8th.

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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