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

Canaccord Genuity Group restated their buy rating on shares of Aptitude Software Group (LON:APTDFree Report) in a research report sent to investors on Thursday, MarketBeat Ratings reports. Canaccord Genuity Group currently has a GBX 470 ($6.08) price objective on the stock.

Aptitude Software Group Stock Up 3.3 %

Shares of LON APTD opened at GBX 377 ($4.88) on Thursday. The company has a market cap of £215.15 million, a P/E ratio of 5,385.71 and a beta of 0.39. The company has a quick ratio of 1.01, a current ratio of 1.11 and a debt-to-equity ratio of 18.91. The business has a 50-day simple moving average of GBX 367.70 and a two-hundred day simple moving average of GBX 329.07. Aptitude Software Group has a 52 week low of GBX 224.50 ($2.90) and a 52 week high of GBX 390 ($5.04).

Aptitude Software Group Cuts Dividend

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

About Aptitude Software Group

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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.

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