Software Circle (LON:SFT) Stock Jumps 3.8% – Here’s What Happened

by · The Markets Daily

Shares of Software Circle plc (LON:SFT – Get Free Report) were up 3.8% during trading on Monday. The company traded as high as GBX 19 and last traded at GBX 19. Approximately 389,582 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 544,757 shares. The stock had previously closed at GBX 18.30.

Software Circle Stock Up 5.6%

The company’s fifty day moving average is GBX 17.65 and its 200 day moving average is GBX 16.47. The firm has a market cap of £74.12 million, a price-to-earnings ratio of -90.48 and a beta of 0.13.

Software Circle (LON:SFT – Get Free Report) last released its earnings results 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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