Software Circle (LON:SFT) Hits New 1-Year Low – What’s Next?

Software Circle plc (LON:SFT) hit a new 52-week low on Tuesday . The company traded as low as GBX 14.40 and last traded at GBX 14.40, with a volume of 2493951 shares traded. The stock had previously closed at GBX 15.30.

Software Circle Stock Performance

The stock’s 50-day moving average is GBX 22.30 and its 200 day moving average is GBX 23.98. The firm has a market cap of £52.66 million, a P/E ratio of -19.01 and a beta of 0.13.

Software Circle (LON:SFT) last posted its earnings results on Tuesday, November 25th. The company reported GBX (0.31) earnings per share for the quarter. Software Circle had a negative return on equity of 20.96% and a negative net margin of 14.66%.

Insiders Place Their Bets

In other news, insider Gavin Cockerill bought 29,341 shares of the stock in a transaction on Wednesday, February 18th. The stock was purchased at an average price of GBX 17 per share, for a total transaction of £4,987.97. Insiders own 8.14% of the company’s stock.

Software Circle Company Profile

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.