American Software Inc. (AMSWA) Trading Up 3.8%
American Software Inc. (NASDAQ:AMSWA)’s share price was up 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 changing hands. The stock had previously closed at $9.97.
A number of equities analysts have issued reports on AMSWA shares. B. Riley reaffirmed a “buy” rating and issued a $12.50 price objective on shares of American Software in a research note on Sunday. Zacks Investment Research raised shares of American Software from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research note on Monday.
The firm has a 50-day moving average price of $10.97 and a 200 day moving average price of $9.80. The stock has a market cap of $301.23 million and a P/E ratio of 32.53.
American Software (NASDAQ:AMSWA) last issued its quarterly earnings results on Thursday, August 25th. The company reported $0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.08 by $0.02. Equities analysts anticipate that American Software Inc. will post $0.31 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 2nd. Investors 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 yield of 4.23%. 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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