Barrington Research assumed coverage on shares of Asure Software (NASDAQ:ASUR) in a research report report published on Wednesday, TipRanks reports. The firm issued a buy rating and a $15.00 price target on the technology company’s stock.
Other analysts also recently issued reports about the company. ValuEngine upgraded Asure Software from a hold rating to a buy rating in a research note on Thursday. Canaccord Genuity set a $12.00 price target on Asure Software and gave the company a buy rating in a research note on Monday, August 12th. Zacks Investment Research downgraded Asure Software from a buy rating to a hold rating in a research note on Wednesday, July 31st. Roth Capital reiterated a buy rating on shares of Asure Software in a research note on Friday, August 9th. Finally, Northland Securities reiterated a buy rating and set a $9.00 price target on shares of Asure Software in a research note on Wednesday. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of Buy and a consensus target price of $12.13.
Shares of ASUR opened at $8.79 on Wednesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.04 and a quick ratio of 1.00. The stock has a 50-day moving average of $6.73 and a 200-day moving average of $7.21. The company has a market cap of $127.68 million, a PE ratio of 18.66, a P/E/G ratio of 1.42 and a beta of 1.26. Asure Software has a one year low of $4.26 and a one year high of $12.05.
A number of hedge funds have recently added to or reduced their stakes in the business. S Squared Technology LLC boosted its stake in Asure Software by 21.2% during the 2nd quarter. S Squared Technology LLC now owns 94,108 shares of the technology company’s stock valued at $775,000 after purchasing an additional 16,461 shares during the last quarter. Perritt Capital Management Inc. boosted its stake in Asure Software by 9.4% during the 2nd quarter. Perritt Capital Management Inc. now owns 233,400 shares of the technology company’s stock valued at $1,921,000 after purchasing an additional 20,000 shares during the last quarter. Weber Alan W acquired a new position in Asure Software during the 1st quarter valued at about $367,000. Paloma Partners Management Co acquired a new position in Asure Software during the 2nd quarter valued at about $556,000. Finally, Pacific Ridge Capital Partners LLC boosted its stake in Asure Software by 9.3% during the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 870,454 shares of the technology company’s stock valued at $7,164,000 after purchasing an additional 74,098 shares during the last quarter. Institutional investors and hedge funds own 45.22% of the company’s stock.
About Asure Software
Asure Software, Inc provides cloud-based human capital management and workspace management solutions worldwide. Its product line includes AsureSpace workspace management solutions that enable organizations to optimize their real estate investment, and create a digital workspace that empowers mobile and virtual employees; and AsureForce time and labor management solutions to help organizations optimize their workforce, as well as control labor administration costs and activities.
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