MAM Software Group Inc. (MAMS) Issues Quarterly Earnings Results
MAM Software Group Inc. (NASDAQ:MAMS) issued its quarterly earnings results on Monday. The company reported $0.10 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.07. The company had revenue of $8.06 million for the quarter, compared to the consensus estimate of $8.07 million. MAM Software Group had a return on equity of 44.21% and a net margin of 11.03%.
Shares of MAM Software Group (NASDAQ:MAMS) opened at 6.25 on Tuesday. MAM Software Group has a 52-week low of $5.10 and a 52-week high of $7.48. The company has a market capitalization of $77.50 million, a PE ratio of 22.32 and a beta of 0.07. The stock’s 50 day moving average price is $6.13 and its 200-day moving average price is $6.06.
Several research analysts have commented on MAMS shares. Zacks Investment Research raised MAM Software Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 5th. B. Riley reaffirmed a “neutral” rating and issued a $5.50 price target on shares of MAM Software Group in a research report on Monday.
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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