Asure Software Inc (ASUR) Posts Quarterly Earnings Results, Meets Estimates
Asure Software Inc (NASDAQ:ASUR) announced its quarterly earnings data on Monday. The company reported $0.10 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.10. Asure Software had a positive return on equity of 14.38% and a negative net margin of 5.82%.
Asure Software (NASDAQ:ASUR) opened at 10.66 on Tuesday. The company’s market cap is $69.78 million. Asure Software has a 52 week low of $4.45 and a 52 week high of $13.00. The stock has a 50 day moving average price of $11.32 and a 200 day moving average price of $8.73.
Separately, Zacks Investment Research cut Asure Software from a “buy” rating to a “hold” rating in a report on Tuesday, January 3rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $10.55.
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About Asure Software
Asure Software, Inc is a global provider of cloud-based software-as-a-service (SaaS) solutions that help companies to bring people, time, space and assets together. The Company serves approximately 6,000 clients in over 80 countries. The Company offers a range of solutions to help its clients optimize and manage mobile workforces and global workspaces.
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