Upland Software, Inc. (NASDAQ:UPLD - Get Free Report)'s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.32 and traded as low as $3.04. Upland Software shares last traded at $3.07, with a volume of 178,436 shares.
Wall Street Analysts Forecast Growth
UPLD has been the subject of several recent research reports. StockNews.com cut Upland Software from a "buy" rating to a "hold" rating in a report on Tuesday. Needham & Company LLC reiterated a "hold" rating on shares of Upland Software in a report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Upland Software has an average rating of "Moderate Buy" and a consensus price target of $3.75.
View Our Latest Report on Upland Software
Upland Software Price Performance
The company has a market cap of $76.01 million, a PE ratio of -0.61 and a beta of 1.28. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 324.05. The stock has a 50-day simple moving average of $4.10 and a 200 day simple moving average of $3.32.
Hedge Funds Weigh In On Upland Software
Large investors have recently made changes to their positions in the stock. FMR LLC lifted its stake in Upland Software by 30.0% during the third quarter. FMR LLC now owns 78,626 shares of the software maker's stock worth $196,000 after purchasing an additional 18,134 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Upland Software during the 3rd quarter worth about $31,000. Rice Hall James & Associates LLC boosted its holdings in Upland Software by 63.7% during the 4th quarter. Rice Hall James & Associates LLC now owns 964,624 shares of the software maker's stock valued at $4,186,000 after acquiring an additional 375,398 shares during the period. Legato Capital Management LLC acquired a new position in Upland Software in the 4th quarter valued at about $44,000. Finally, XTX Topco Ltd purchased a new stake in Upland Software during the third quarter worth about $43,000. 77.78% of the stock is currently owned by institutional investors and hedge funds.
Upland Software Company Profile
(
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Upland Software, Inc, together with its subsidiaries, provides cloud-based software applications under the Upland brand name in the United States, the United Kingdom, Canada, and internationally. It offers software applications that enable organizations to plan, manage and execute projects, and work in the areas of marketing, sales, contact center, knowledge management, project management, information technology, business operations, human resources, and legal.
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