Asure Software (NASDAQ:ASUR) Given Outperform Rating at Barrington Research

Barrington Research reiterated their outperform rating on shares of Asure Software (NASDAQ:ASUR) in a report released on Tuesday morning,Benzinga reports. They currently have a $15.00 target price on the technology company’s stock.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Asure Software in a report on Wednesday, October 8th. Six analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.60.

Asure Software Stock Up 2.8%

Shares of NASDAQ ASUR opened at $8.36 on Tuesday. The stock has a market cap of $232.07 million, a P/E ratio of -13.48, a PEG ratio of 1.61 and a beta of 0.40. The business’s fifty day simple moving average is $8.21 and its 200-day simple moving average is $8.83. Asure Software has a 12-month low of $7.63 and a 12-month high of $12.74. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.33.

Institutional Trading of Asure Software

Several hedge funds have recently made changes to their positions in ASUR. Vanguard Group Inc. increased its stake in Asure Software by 3.1% in the 3rd quarter. Vanguard Group Inc. now owns 1,401,318 shares of the technology company’s stock valued at $11,491,000 after purchasing an additional 41,539 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Asure Software by 0.6% in the third quarter. Dimensional Fund Advisors LP now owns 925,362 shares of the technology company’s stock valued at $7,588,000 after purchasing an additional 5,855 shares during the last quarter. ArrowMark Colorado Holdings LLC increased its position in shares of Asure Software by 7.7% in the third quarter. ArrowMark Colorado Holdings LLC now owns 866,474 shares of the technology company’s stock valued at $7,105,000 after buying an additional 62,231 shares in the last quarter. Wasatch Advisors LP raised its stake in shares of Asure Software by 19.6% during the 2nd quarter. Wasatch Advisors LP now owns 770,025 shares of the technology company’s stock worth $7,515,000 after buying an additional 126,450 shares during the last quarter. Finally, Kennedy Capital Management LLC raised its stake in shares of Asure Software by 18.6% during the 3rd quarter. Kennedy Capital Management LLC now owns 514,963 shares of the technology company’s stock worth $4,223,000 after buying an additional 80,716 shares during the last quarter. Institutional investors and hedge funds own 71.58% of the company’s stock.

About Asure Software

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.