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

Aptitude Software Group plc (LON:APTD)’s share price was down 2.9% during trading on Tuesday . The stock traded as low as GBX 330 ($4.28) and last traded at GBX 330 ($4.28). Approximately 103,409 shares traded hands during trading, an increase of 48% from the average daily volume of 69,753 shares. The stock had previously closed at GBX 340 ($4.41).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued 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 Performance

The company has a debt-to-equity ratio of 18.05, a quick ratio of 1.01 and a current ratio of 1.11. The company’s 50 day simple moving average is GBX 339.73 and its 200 day simple moving average is GBX 344.07. 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.

Aptitude Software Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 23rd. Stockholders of record on Thursday, August 1st were given a dividend of GBX 1.80 ($0.02) per share. The ex-dividend date was Thursday, August 1st. This represents a dividend yield of 0.47%. Aptitude Software Group’s dividend payout ratio (DPR) is 6,250.00%.

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.