Software Circle (LON:SFT) Reaches New 52-Week Low – Here’s What Happened

Software Circle plc (LON:SFT) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 21 and last traded at GBX 21, with a volume of 492271 shares changing hands. The stock had previously closed at GBX 22.

Software Circle Stock Down 4.5%

The stock has a market capitalization of £81.92 million, a price-to-earnings ratio of -29.58 and a beta of 0.13. The firm has a 50-day moving average of GBX 23.72 and a two-hundred day moving average of GBX 24.82.

Software Circle (LON:SFT) last announced its quarterly earnings data on Tuesday, November 25th. The company reported GBX (0.31) EPS 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

In related news, insider Iain Brown acquired 41,425 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were purchased at an average price of GBX 24 per share, for a total transaction of £9,942. Insiders own 8.14% of the company’s stock.

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.