Aptitude Software Group (LON:APTD) Shares Down 2.9% – Should You Sell?

Shares of Aptitude Software Group plc (LON:APTD) were down 2.9% during mid-day trading on Wednesday . The company traded as low as GBX 330 ($4.25) and last traded at GBX 330 ($4.25). Approximately 31,714 shares were traded during trading, a decline of 52% from the average daily volume of 66,104 shares. The stock had previously closed at GBX 340 ($4.38).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 470 ($6.05) price objective on shares of Aptitude Software Group in a research report on Thursday, July 25th.

Aptitude Software Group Stock Performance

The company has a current ratio of 1.11, a quick ratio of 1.01 and a debt-to-equity ratio of 18.05. The stock’s fifty day simple moving average is GBX 337.45 and its 200 day simple moving average is GBX 347.84. The company has a market cap of £186.38 million, a price-to-earnings ratio of 4,125.00 and a beta of 0.54.

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.