Software Circle (LON:SFT) Stock Price Up 0.8% – Time to Buy?

Software Circle plc (LON:SFT) shot up 0.8% during mid-day trading on Friday . The stock traded as high as GBX 23.99 and last traded at GBX 23.99. 802,040 shares traded hands during trading, an increase of 158% from the average session volume of 310,699 shares. The stock had previously closed at GBX 23.80.

Software Circle Stock Performance

The firm has a market capitalization of £92.84 million, a price-to-earnings ratio of -33.52 and a beta of 0.13. The firm has a fifty day moving average price of GBX 24.18 and a 200 day moving average price of GBX 25.65.

Software Circle (LON:SFT) last announced its quarterly earnings data on Tuesday, November 25th. The company reported GBX (0.31) earnings per share for the quarter. Software Circle had a negative return on equity of 20.96% and a negative net margin of 14.66%.

Insider Buying and Selling at Software Circle

In related news, insider Iain Brown purchased 41,425 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was acquired at an average price of GBX 24 per share, for a total transaction of £9,942. 8.14% of the stock is currently owned by company insiders.

Software Circle Company Profile

Software Circle plc (AIM: SFT) has a mission: to be a leading serial acquirer and operator of Vertical Market Software businesses in the UK and Ireland – a permanent home for software leaders, teams, and customers. These are mission-critical systems, deeply embedded in the day-to-day workflows of users.

We help founders find the right exit strategy, acquiring businesses at appropriate valuations, supporting their organic growth over time, and reinvesting the free cash flow they generate into further value-accretive opportunities.