Aptitude Software Group (LON:APTD) Stock Price Down 2.9% – Here’s What Happened

Aptitude Software Group plc (LON:APTD)’s stock price fell 2.9% during mid-day trading on Tuesday . The company traded as low as GBX 330 ($4.28) and last traded at GBX 330 ($4.28). 103,409 shares were traded during trading, an increase of 48% from the average session volume of 69,753 shares. The stock had previously closed at GBX 340 ($4.41).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 470 ($6.10) target price on shares of Aptitude Software Group in a research note on Thursday, July 25th.

Aptitude Software Group Stock Down 0.3 %

The business has a 50-day moving average price of GBX 339.45 and a 200-day moving average price of GBX 344.35. The company has a market capitalization of £194.86 million, a price-to-earnings ratio of 4,312.50 and a beta of 0.54. The company has a quick ratio of 1.01, a current ratio of 1.11 and a debt-to-equity ratio of 18.05.

Aptitude Software Group Company Profile

Aptitude Software Group plc, together with its subsidiaries, provides financial management software in the United Kingdom and internationally. It provides Fynapse, an intelligent finance data management and accounting platform for autonomous finance; Aptitude Accounting Hub, a rules accounting engine and subledger solution; Aptitude RevStream, a revenue recognition software; Aptitude Fynapse and Microsoft Dynamics 365 Finance; and enterprise finance solutions.