Aptitude Software Group plc ( (GB:APTD) ) just unveiled an announcement.
Aptitude Software Group plc has issued 6,707 ordinary shares to satisfy the exercise of options under its 2020 Deferred Bonus Plan. This move will increase the total number of shares admitted to trading to 55,688,089, excluding treasury shares, potentially impacting shareholder calculations under the Financial Conduct Authority’s rules.
Spark’s Take on GB:APTD Stock
According to Spark, TipRanks’ AI Analyst, GB:APTD is a Outperform.
Aptitude Software Group plc has a robust financial performance with strong profitability margins and a healthy balance sheet, but needs to address revenue growth and cash flow challenges. Technical analysis suggests a bearish trend, while valuation indicators imply a high stock price relative to earnings. Positive corporate events, including strategic buybacks and a significant new contract, underpin a favorable outlook, supporting a moderate overall stock score.
To see Spark’s full report on GB:APTD stock, click here.
More about Aptitude Software Group plc
Aptitude Software Group plc is a market-leading provider of finance transformation software solutions, specializing in delivering fully autonomous finance. Their primary product, Fynapse, is an intelligent finance data management and accounting platform designed to enhance productivity and reduce costs for finance teams globally. The platform offers a comprehensive view of finance and business data, superior performance and automation, faster insights, user-friendly functionality, and a market-leading total cost of ownership.
YTD Price Performance: -22.94%
Average Trading Volume: 115,644
Technical Sentiment Signal: Buy
Current Market Cap: £145.9M
See more insights into APTD stock on TipRanks’ Stock Analysis page.