MAM Software Group (MAMS) Lowered to Sell at Zacks Investment Research

Zacks Investment Research downgraded shares of MAM Software Group (NASDAQ:MAMS) from a hold rating to a sell rating in a report published on Wednesday morning.

According to Zacks, “MAM Software Group, Inc. develops and markets software solutions with the objective to bring competitive advantages and increased profitability to its clients and business partners. The Company is bringing its professional business management systems and e-commerce solutions to the US automotive aftermarket. The Company’s Autopart v20 software is an enterprise management solution for two step parts distributors and jobbers. It is a feature-rich, Windows-based application offering fully-integrated point-of-sale, inventory control and accounting functionality. “

Separately, B. Riley reiterated a hold rating and set a $8.00 price target on shares of MAM Software Group in a research note on Monday, October 2nd.

Shares of MAM Software Group (NASDAQ MAMS) traded down $0.15 during trading on Wednesday, hitting $7.55. 9,400 shares of the stock traded hands, compared to its average volume of 8,212. The stock has a market cap of $96.79, a PE ratio of 25.67 and a beta of 0.17. MAM Software Group has a 1-year low of $5.91 and a 1-year high of $9.42. The company has a quick ratio of 0.93, a current ratio of 0.96 and a debt-to-equity ratio of 0.53.

In related news, Director William Austin Iv Lewis sold 122,000 shares of MAM Software Group stock in a transaction on Monday, December 18th. The shares were sold at an average price of $7.50, for a total transaction of $915,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 32.46% of the stock is currently owned by insiders.

COPYRIGHT VIOLATION NOTICE: This piece was first posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.com-unik.info/2017/12/21/mam-software-group-mams-lowered-to-sell-at-zacks-investment-research.html.

MAM Software Group Company Profile

MAM Software Group, Inc (MAM) is a technology holding company. The Company is a provider of cloud-based business and on premise management solutions for the auto parts, tires and vertical distribution industries. Its segments include MAM UK and MAM NA. It operates through three subsidiaries: MAM Software, Inc (MAM NA), MAM Software Limited (MAM Ltd.) and Origin Software Solutions Ltd.

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.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit