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

Aptitude Software Group plc (LON:APTD) was down 2.9% during 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 traded hands during mid-day trading, a decline of 52% from the average daily volume of 66,104 shares. The stock had previously closed at GBX 340 ($4.38).

Wall Street Analyst Weigh In

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

Aptitude Software Group Price Performance

The stock has a market cap of £186.38 million, a price-to-earnings ratio of 4,125.00 and a beta of 0.54. 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 company’s fifty day moving average is GBX 337.45 and its two-hundred day moving average is GBX 347.84.

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.