Separately, Zacks Investment Research downgraded ePlus from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 6th.
Shares of NASDAQ PLUS opened at $56.46 on Tuesday. The stock has a market cap of $1.52 billion, a P/E ratio of 15.66 and a beta of 1.24. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.69 and a quick ratio of 1.43. The business’s 50-day simple moving average is $54.92. ePlus has a 1 year low of $42.00 and a 1 year high of $69.74.
About ePlus (Get Rating)
ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. It operates in two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services; and professional and managed services, including ePlus managed, professional, security, ePlus cloud consulting, staff augmentation, server and desktop support, and project management services.
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