Canaccord Genuity Group Reiterates Buy Rating for Aptitude Software Group (LON:APTD)

Canaccord Genuity Group reissued their buy rating on shares of Aptitude Software Group (LON:APTD) in a research note issued to investors on Thursday, MarketBeat.com reports. The firm currently has a GBX 470 ($6.08) price objective on the stock.

Aptitude Software Group Stock Up 3.3 %

Aptitude Software Group stock opened at GBX 377 ($4.88) on Thursday. The firm has a 50 day moving average price of GBX 367.70 and a two-hundred day moving average price of GBX 328.82. The company has a debt-to-equity ratio of 18.91, a quick ratio of 1.01 and a current ratio of 1.11. Aptitude Software Group has a 52-week low of GBX 224.50 ($2.90) and a 52-week high of GBX 390 ($5.04). The firm has a market cap of £215.15 million, a price-to-earnings ratio of 5,385.71 and a beta of 0.39.

Aptitude Software Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, August 23rd. Shareholders of record on Thursday, August 1st will be issued a GBX 1.80 ($0.02) dividend. The ex-dividend date is Thursday, August 1st. This represents a yield of 0.47%. Aptitude Software Group’s payout ratio is currently 7,142.86%.

About Aptitude Software Group

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.