Aptitude Software Group (LON:APTD) Trading 2.1% Higher

Aptitude Software Group plc (LON:APTD) shot up 2.1% during mid-day trading on Thursday . The stock traded as high as GBX 300 ($3.77) and last traded at GBX 298 ($3.74). 39,805 shares traded hands during trading, a decline of 50% from the average session volume of 79,503 shares. The stock had previously closed at GBX 292 ($3.67).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group lowered their price objective on shares of Aptitude Software Group from GBX 565 ($7.10) to GBX 470 ($5.90) and set a “buy” rating for the company in a research report on Thursday, March 21st.

Aptitude Software Group Stock Performance

The firm has a fifty day simple moving average of GBX 313.65 and a 200-day simple moving average of GBX 287.98. The stock has a market cap of £171.81 million, a price-to-earnings ratio of 4,285.71 and a beta of 0.41. The company has a current ratio of 1.11, a quick ratio of 1.01 and a debt-to-equity ratio of 18.91.

Aptitude Software Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, June 14th. Stockholders of record on Thursday, May 23rd will be paid a dividend of GBX 3.60 ($0.05) per share. This represents a dividend yield of 1%. The ex-dividend date is Thursday, May 23rd. This is a positive change from Aptitude Software Group’s previous dividend of $1.80. Aptitude Software Group’s dividend payout ratio is 7,142.86%.

Aptitude Software Group Company Profile

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.