Software Circle (LON:SFT) Stock Price Up 1.6% – Time to Buy?

Shares of Software Circle plc (LON:SFTGet Free Report) rose 1.6% on Friday . The stock traded as high as GBX 16.50 and last traded at GBX 16. Approximately 1,988,378 shares traded hands during mid-day trading, an increase of 336% from the average session volume of 455,851 shares. The stock had previously closed at GBX 15.75.

Software Circle Trading Up 1.6%

The firm has a market cap of £62.41 million, a P/E ratio of -76.19 and a beta of 0.13. The business has a 50-day moving average price of GBX 15.94 and a 200-day moving average price of GBX 15.78.

Software Circle (LON:SFTGet Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported GBX (0.21) earnings per share for the quarter. Software Circle had a negative net margin of 3.63% and a negative return on equity of 3.92%.

Software Circle Company Profile

(Get Free Report)

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.

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