ActiveOps (LON:AOM) Stock Price Down 8.5% After Analyst Downgrade

ActiveOps Plc (LON:AOM) traded down 8.5% during trading on Tuesday after Canaccord Genuity Group lowered their price target on the stock from GBX 355 to GBX 300. Canaccord Genuity Group currently has a buy rating on the stock. ActiveOps traded as low as GBX 100 and last traded at GBX 102.50. 2,074,799 shares were traded during mid-day trading, an increase of 551% from the average session volume of 318,494 shares. The stock had previously closed at GBX 112.

Insider Transactions at ActiveOps

In related news, insider Emma Salthouse sold 25,269 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of GBX 190, for a total value of £48,011.10. 13.06% of the stock is owned by corporate insiders.

ActiveOps Trading Down 8.5%

The business’s 50-day moving average price is GBX 200.95 and its 200-day moving average price is GBX 211.97. The firm has a market capitalization of £73.36 million, a PE ratio of -31.73 and a beta of 0.80. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.68 and a quick ratio of 1.20.

ActiveOps Company Profile

ActiveOps’ offerings provide predictive and prescriptive insight to help service operations make better decisions – faster. The Company’s AI-powered SaaS solutions are underpinned by 15+ years of operational data and its AOM methodology that’s proven to drive cross department decision-making.

With Decision Intelligence, ActiveOps’ customers deliver MORE – release 20%+ capacity within the first 12 months and boost productivity by 30%+ leading to MORE business impact. Customer turnaround times are improved substantially, costs are reduced, SLAs are met, and employees are happier and more engaged.