Zacks: QAD Inc. (QADB) Receives Average Rating of “” from Brokerages

Shares of QAD Inc. (NASDAQ:QADB) have received an average broker rating score of 0.00 () from the zero brokers that provide coverage for the company, Zacks Investment Research reports.

Zacks has also given QAD an industry rank of 150 out of 265 based on the ratings given to related companies.

Several equities research analysts have commented on QADB shares. Benchmark Co. restated a “buy” rating and issued a $33.00 price objective on shares of QAD in a research report on Sunday, January 1st. TheStreet lowered QAD from a “b-” rating to a “c” rating in a research report on Thursday, March 9th.

Shares of QAD (NASDAQ:QADB) traded up 0.60% during mid-day trading on Monday, hitting $25.30. 528 shares of the stock were exchanged. QAD has a 12 month low of $13.79 and a 12 month high of $26.20. The stock’s 50 day moving average is $23.84 and its 200-day moving average is $23.71. The stock’s market cap is $481.18 million.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 2nd. Stockholders of record on Tuesday, April 25th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, April 21st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.95%. QAD’s dividend payout ratio (DPR) is 133.34%.

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About QAD

QAD Inc (QAD) is a provider of vertically oriented enterprise software solutions for global manufacturing companies across the automotive, life sciences, consumer products, food and beverage, high technology and industrial products industries. QAD Enterprise Applications enables measurement and control of business processes and supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management.

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