Asure Software (NASDAQ:ASUR) Earns Outperform Rating from Barrington Research

Asure Software (NASDAQ:ASUR)‘s stock had its “outperform” rating restated by research analysts at Barrington Research in a report released on Friday,Benzinga reports. They presently have a $15.00 price objective on the technology company’s stock. Barrington Research’s price objective points to a potential upside of 91.57% from the stock’s current price.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Asure Software in a report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $14.33.

Asure Software Stock Up 2.6%

Asure Software stock opened at $7.83 on Friday. The company has a market capitalization of $217.39 million, a PE ratio of -12.63, a price-to-earnings-growth ratio of 1.04 and a beta of 0.43. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.07 and a current ratio of 1.08. Asure Software has a fifty-two week low of $6.97 and a fifty-two week high of $11.80. The firm has a 50 day moving average price of $9.06 and a 200 day moving average price of $8.51.

Institutional Investors Weigh In On Asure Software

Several large investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets raised its position in Asure Software by 107.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,986 shares of the technology company’s stock valued at $41,000 after purchasing an additional 2,586 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Asure Software by 446.8% during the second quarter. Tower Research Capital LLC TRC now owns 6,671 shares of the technology company’s stock worth $65,000 after buying an additional 5,451 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in Asure Software in the fourth quarter valued at approximately $66,000. Tripletail Wealth Management LLC acquired a new stake in Asure Software in the third quarter valued at approximately $75,000. Finally, Boston Partners purchased a new position in Asure Software in the fourth quarter worth approximately $108,000. Hedge funds and other institutional investors own 71.58% of the company’s stock.

About Asure Software

Asure Software, Inc (NASDAQ: ASUR) is a Texas‐based technology company specializing in cloud‐based workforce and workspace management solutions. The company develops software that streamlines human capital management (HCM), payroll processing, time and attendance tracking, and workspace reservation for businesses seeking to optimize employee experience and operational efficiency.

The Asure platform includes modules for payroll administration, benefits enrollment, performance management, applicant tracking and onboarding, as well as mobile and web‐based timekeeping.