Software Circle (LON:SFT) Shares Down 8.7% – Time to Sell?

Software Circle plc (LON:SFT)’s stock price dropped 8.7% during trading on Monday . The company traded as low as GBX 15.75 and last traded at GBX 15.75. Approximately 191,036 shares were traded during trading, a decline of 55% from the average daily volume of 422,380 shares. The stock had previously closed at GBX 17.25.

Software Circle Trading Down 8.7%

The firm has a 50-day moving average of GBX 22.85 and a 200 day moving average of GBX 24.23. The company has a market cap of £61.44 million, a P/E ratio of -22.18 and a beta of 0.13.

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

Insider Buying and Selling at Software Circle

In other Software Circle news, insider Iain Brown acquired 41,425 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were acquired at an average price of GBX 24 per share, with a total value of £9,942. Also, insider Gavin Cockerill acquired 29,341 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were bought at an average price of GBX 17 per share, with a total value of £4,987.97. 8.14% of the stock is currently owned by company insiders.

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.