Software Circle (LON:SFT) Hits New 12-Month Low – Time to Sell?

Software Circle plc (LON:SFT)’s stock price hit a new 52-week low on Monday . The stock traded as low as GBX 19.70 and last traded at GBX 20, with a volume of 129967 shares changing hands. The stock had previously closed at GBX 20.

Software Circle Stock Performance

The company has a market cap of £78.02 million, a PE ratio of -28.17 and a beta of 0.13. The firm’s 50-day simple moving average is GBX 23.44 and its two-hundred day simple moving average is GBX 24.60.

Software Circle (LON:SFT) last announced its earnings results on Tuesday, November 25th. The company reported GBX (0.31) earnings per share (EPS) for the quarter. Software Circle had a negative net margin of 14.66% and a negative return on equity of 20.96%.

Insiders Place Their Bets

In other news, insider Iain Brown acquired 41,425 shares of Software Circle stock in a transaction on Tuesday, November 25th. The stock was bought at an average price of GBX 24 per share, for a total transaction of £9,942. 8.14% of the stock is currently owned by company insiders.

Software Circle Company Profile

Software Circle plc (AIM: SFT) has a mission: to be a leading serial acquirer and operator of Vertical Market Software businesses in the UK and Ireland – a permanent home for software leaders, teams, and customers. These are mission-critical systems, deeply embedded in the day-to-day workflows of users.

We help founders find the right exit strategy, acquiring businesses at appropriate valuations, supporting their organic growth over time, and reinvesting the free cash flow they generate into further value-accretive opportunities.