Separately, Zacks Investment Research raised shares of MAM Software Group from a sell rating to a hold rating in a research report on Wednesday, April 17th.
NASDAQ MAMS traded up $0.35 on Thursday, hitting $10.95. 4,800 shares of the stock were exchanged, compared to its average volume of 4,058. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.13 and a quick ratio of 1.11. The business has a fifty day simple moving average of $10.50. MAM Software Group has a 52 week low of $6.53 and a 52 week high of $11.28. The stock has a market capitalization of $133.96 million, a P/E ratio of 33.18 and a beta of 0.41.
An institutional investor recently raised its position in MAM Software Group stock. Cove Street Capital LLC grew its holdings in shares of MAM Software Group Inc. (NASDAQ:MAMS) by 2.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 939,335 shares of the technology company’s stock after purchasing an additional 20,000 shares during the quarter. Cove Street Capital LLC owned about 7.45% of MAM Software Group worth $7,994,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 36.19% of the company’s stock.
MAM Software Group Company Profile
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. The company offers business management systems, including its proprietary software applications, implementation and training, and third-party hardware and peripherals; and 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.
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