Somewhat Favorable Media Coverage Somewhat Unlikely to Affect MAM Software Group (MAMS) Stock Price

Share on StockTwits

News coverage about MAM Software Group (NASDAQ:MAMS) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. MAM Software Group earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 44.5992126392494 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Several research firms recently weighed in on MAMS. ValuEngine cut shares of MAM Software Group from a “buy” rating to a “hold” rating in a report on Tuesday, July 31st. Zacks Investment Research upgraded shares of MAM Software Group from a “hold” rating to a “buy” rating and set a $9.25 price target on the stock in a report on Thursday, May 17th.

NASDAQ:MAMS traded down $0.19 during trading hours on Thursday, hitting $8.17. The company had a trading volume of 4,400 shares, compared to its average volume of 14,540. The stock has a market cap of $101.25 million, a P/E ratio of 21.50 and a beta of -0.14. MAM Software Group has a 52 week low of $6.59 and a 52 week high of $9.42. The company has a quick ratio of 1.04, a current ratio of 1.07 and a debt-to-equity ratio of 0.39.

In related news, Director William Austin Iv Lewis sold 122,000 shares of MAM Software Group stock in a transaction on Wednesday, June 20th. The shares were sold at an average price of $8.75, for a total value of $1,067,500.00. Following the sale, the director now owns 606,441 shares in the company, valued at $5,306,358.75. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 32.46% of the company’s stock.

About MAM Software Group

MAM Software Group, Inc, through its subsidiaries, provides software, information, and e-commerce and related services to businesses engaged in the automotive aftermarket in the United States, Canada, the United Kingdom, and Ireland. It provides business management systems, including its proprietary software applications, implementation and training, and third-party hardware and peripherals; information products, such as an accessible catalog database related to parts, tires, labor estimates, scheduled maintenance, repair information, technical service bulletins, pricing, and product features and benefits; e-commerce and online services and products that connect manufacturers, warehouse distributors, retailers, and automotive service providers through the Internet; and customer support and consulting services comprising phone and online support, and implementation and training services.

Featured Article: Trading Penny Stocks

Insider Buying and Selling by Quarter for MAM Software Group (NASDAQ:MAMS)

Receive News & Ratings for MAM Software Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAM Software Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply