American Software Inc (AMSWA) is Trading Lower on Unusual Volume for December 31

Equities Staff |

American Software Inc (AMSWA) experienced unusually high volume on Dec. 31, as the stock lost 2.12% to a closing price of $10.16. The stock saw 101,724 shares trade hands over the course of the day on 396 trades. Given that the stock’s average daily volume over the last month has been 65,552 shares a day, this represents a pretty substantial spike over the norm.

American Software Inc has a P/B ratio of 3.13. It also has a P/E ratio of 29.7. The stock has traded between $11.36 and $7.78 over the last 52-weeks, its 50-day SMA is now $10.28, and its 200-day SMA $9.59.

American Software Inc develops, markets and supports a portfolio of software and services that deliver enterprise management and collaborative supply chain solutions to the marketplace.

Headquartered in Atlanta, GA, American Software Inc has 417 employees and is currently under the leadership of CEO J. Michael Edenfield.

For a complete fundamental analysis analysis of American Software Inc, check out Equities.com’s Stock Valuation Analysis report for AMSWA. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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