According to Zacks, “MAM Software Group, Inc. develops and markets software solutions with the objective to bring competitive advantages and increased profitability to its clients and business partners. The Company is bringing its professional business management systems and e-commerce solutions to the US automotive aftermarket. The Company’s Autopart v20 software is an enterprise management solution for two step parts distributors and jobbers. It is a feature-rich, Windows-based application offering fully-integrated point-of-sale, inventory control and accounting functionality. “
Separately, B. Riley reiterated a neutral rating and issued a $6.00 target price on shares of MAM Software Group in a research report on Wednesday, September 28th.
Shares of MAM Software Group (NASDAQ:MAMS) opened at 6.10 on Wednesday. MAM Software Group has a 12-month low of $5.10 and a 12-month high of $7.48. The stock has a 50 day moving average of $6.01 and a 200 day moving average of $6.00. The company has a market cap of $75.64 million, a price-to-earnings ratio of 21.79 and a beta of 0.11.
MAM Software Group (NASDAQ:MAMS) last issued its earnings results on Monday, September 26th. The company reported $0.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.05. The business earned $8.40 million during the quarter. MAM Software Group had a net margin of 11.03% and a return on equity of 44.21%. Analysts forecast that MAM Software Group will post $0.15 earnings per share for the current year.
MAM Software Group Company Profile
MAM Software Group, Inc is a technology holding company. The Company, through its subsidiaries, provides information management solutions and services, and cloud-based software solutions for the automotive aftermarket sector of the United States, Canada, the United Kingdom and Ireland. In the United Kingdom and Ireland, the Company also provides management solutions to businesses involved in the wholesale of construction materials.
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