ActiveOps (LON:AOM) Stock Price Down 11.4% – Time to Sell?

ActiveOps Plc (LON:AOM) shares fell 11.4% during mid-day trading on Thursday . The company traded as low as GBX 230 and last traded at GBX 232.50. 1,826,317 shares changed hands during trading, an increase of 424% from the average daily volume of 348,786 shares. The stock had previously closed at GBX 262.50.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 355 target price on shares of ActiveOps in a research note on Thursday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of GBX 355.

ActiveOps Stock Performance

The company has a quick ratio of 1.20, a current ratio of 0.61 and a debt-to-equity ratio of 16.15. The company has a 50 day moving average of GBX 234.18 and a 200 day moving average of GBX 233.59. The firm has a market cap of £166.13 million, a price-to-earnings ratio of -704.55 and a beta of 0.83.

ActiveOps Company Profile

ActiveOps’ offerings provide predictive and prescriptive insight to help service operations make better decisions – faster. The Company’s AI-powered SaaS solutions are underpinned by 15+ years of operational data and its AOM methodology that’s proven to drive cross department decision-making.

With Decision Intelligence, ActiveOps’ customers deliver MORE – release 20%+ capacity within the first 12 months and boost productivity by 30%+ leading to MORE business impact. Customer turnaround times are improved substantially, costs are reduced, SLAs are met, and employees are happier and more engaged.