MAM Software Group Inc. (MAMS) Downgraded to Sell at Zacks Investment Research
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 reissued a neutral rating and set a $6.00 price objective on shares of MAM Software Group in a research note on Friday, September 23rd.
MAM Software Group (NASDAQ:MAMS) opened at 6.02 on Wednesday. MAM Software Group has a 52 week low of $5.10 and a 52 week high of $7.48. The firm has a market capitalization of $74.65 million, a price-to-earnings ratio of 21.50 and a beta of 0.10. The firm has a 50-day moving average price of $6.03 and a 200 day moving average price of $6.00.
MAM Software Group (NASDAQ:MAMS) last issued its quarterly earnings data on Monday, September 26th. The company reported $0.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.05. MAM Software Group had a return on equity of 44.21% and a net margin of 11.03%. The company had revenue of $8.40 million for the quarter. On average, equities research analysts forecast that MAM Software Group will post $0.15 earnings per share for the current fiscal year.
MAM Software Group Company Profile
MAM Software Group, Inc is a technology holding company. The Company, through its subsidiaries, provides information management solutions and services, and cloud-based software solutions for the automotive aftermarket sector of the United States, Canada, the United Kingdom and Ireland. In the United Kingdom and Ireland, the Company also provides management solutions to businesses involved in the wholesale of construction materials.
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