Software Circle (LON:SFT) Stock Price Up 0.8% – Here’s What Happened

Software Circle plc (LON:SFT) shot up 0.8% during trading on Friday . The company traded as high as GBX 23.99 and last traded at GBX 23.99. 802,040 shares traded hands during trading, an increase of 158% from the average session volume of 310,699 shares. The stock had previously closed at GBX 23.80.

Software Circle Stock Up 0.8%

The company’s 50-day moving average is GBX 24.18 and its two-hundred day moving average is GBX 25.68. The company has a market cap of £93.59 million, a P/E ratio of -33.79 and a beta of 0.13.

Software Circle (LON:SFT) last released its earnings results on Tuesday, November 25th. The company reported GBX (0.31) earnings per share for the quarter. Software Circle had a negative net margin of 14.66% and a negative return on equity of 20.96%.

Insider Buying and Selling

In other news, insider Iain Brown acquired 41,425 shares of Software Circle stock in a transaction on Tuesday, November 25th. The stock was acquired at an average cost of GBX 24 per share, with a total value of £9,942. Insiders own 8.14% of the company’s stock.

About Software Circle

Software Circle plc (AIM: SFT) has a mission: to be a leading serial acquirer and operator of Vertical Market Software businesses in the UK and Ireland – a permanent home for software leaders, teams, and customers. These are mission-critical systems, deeply embedded in the day-to-day workflows of users.

We help founders find the right exit strategy, acquiring businesses at appropriate valuations, supporting their organic growth over time, and reinvesting the free cash flow they generate into further value-accretive opportunities.