Stifel Nicolaus Boosts Asure Software (NASDAQ:ASUR) Price Target to $11.00

Asure Software (NASDAQ:ASUR - Free Report) had its target price hoisted by Stifel Nicolaus from $10.00 to $11.00 in a research report released on Wednesday,Benzinga reports. They currently have a buy rating on the technology company's stock.

A number of other equities analysts also recently issued reports on the stock. Barrington Research reiterated an "outperform" rating and set a $17.00 price objective on shares of Asure Software in a research note on Monday, October 28th. Northland Securities dropped their target price on Asure Software from $16.00 to $12.50 and set an "outperform" rating on the stock in a research report on Friday, November 1st. Needham & Company LLC reissued a "buy" rating and issued a $20.00 price target on shares of Asure Software in a research report on Friday, November 1st. Finally, Stephens assumed coverage on Asure Software in a research note on Wednesday, October 16th. They set an "overweight" rating and a $13.00 price objective for the company. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $13.92.

Asure Software Stock Down 2.0 %

Asure Software stock traded down $0.19 during midday trading on Wednesday, hitting $9.13. 148,065 shares of the company's stock were exchanged, compared to its average volume of 147,669. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $242.44 million, a PE ratio of -19.43, a P/E/G ratio of 1.64 and a beta of 0.53. The firm has a 50-day moving average of $9.28 and a two-hundred day moving average of $8.88. Asure Software has a 12 month low of $6.89 and a 12 month high of $10.52.

Institutional Trading of Asure Software

A number of institutional investors have recently made changes to their positions in the business. FMR LLC lifted its stake in shares of Asure Software by 350.8% during the third quarter. FMR LLC now owns 6,681 shares of the technology company's stock worth $60,000 after buying an additional 5,199 shares during the period. Huntington National Bank acquired a new position in shares of Asure Software in the third quarter worth about $64,000. American Century Companies Inc. raised its holdings in Asure Software by 21.2% in the 2nd quarter. American Century Companies Inc. now owns 27,145 shares of the technology company's stock worth $228,000 after purchasing an additional 4,756 shares during the period. Rhumbline Advisers lifted its position in shares of Asure Software by 11.4% during the 2nd quarter. Rhumbline Advisers now owns 28,802 shares of the technology company's stock valued at $242,000 after buying an additional 2,948 shares in the last quarter. Finally, Barclays PLC lifted its holdings in Asure Software by 225.7% during the third quarter. Barclays PLC now owns 31,075 shares of the technology company's stock valued at $281,000 after purchasing an additional 21,533 shares in the last quarter. Institutional investors and hedge funds own 71.58% of the company's stock.

Asure Software Company Profile

Asure Software, Inc engages in the provision of cloud-based Human Capital Management (HCM) software solutions in the United States. It provides its human resources (HR) tool as Software-as-a-Service that helps various small and medium-sized businesses to build productive workforce to help them stay compliant and allocate resources to grow their business.