Thomson Reuters/Verus Upgrades American Software to Hold (AMSWA)
American Software (NASDAQ:AMSWA) was upgraded by stock analysts at Thomson Reuters/Verus from a “sell” rating to a “hold” rating in a report issued on Monday, Stock Ratings Network.com reports.
Separately, analysts at Sidoti downgraded shares of American Software from a “buy” rating to a “neutral” rating in a research note to investors on Friday, August 2nd.
Shares of American Software (NASDAQ:AMSWA) traded down 1.74% during mid-day trading on Monday, hitting $8.46. 34,180 shares of the company’s stock traded hands. American Software has a 52 week low of $7.16 and a 52 week high of $9.25. The stock has a 50-day moving average of $8.24 and a 200-day moving average of $8.43. The company has a market cap of $232.0 million and a P/E ratio of 27.16.
American Software, Inc (NASDAQ:AMSWA) develops, markets and supports a portfolio of software and services.
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