Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Asure Software (ASUR) Stock Price

Media stories about Asure Software (NASDAQ:ASUR) have been trending somewhat positive on Wednesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Asure Software earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.0218293287053 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news articles that may have effected Accern Sentiment’s rankings:

Asure Software (ASUR) traded down 2.02% during trading on Wednesday, reaching $10.19. The company’s stock had a trading volume of 23,145 shares. The company’s 50-day moving average is $12.15 and its 200-day moving average is $12.41. Asure Software has a 12 month low of $5.38 and a 12 month high of $17.27. The stock’s market cap is $126.57 million.

Asure Software (NASDAQ:ASUR) last released its quarterly earnings data on Monday, August 14th. The technology company reported $0.05 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.06). The firm had revenue of $12.88 million for the quarter, compared to the consensus estimate of $12.23 million. Asure Software had a negative net margin of 5.73% and a positive return on equity of 6.93%. Equities analysts expect that Asure Software will post $0.52 EPS for the current fiscal year.

A number of equities analysts have weighed in on the company. Zacks Investment Research downgraded Asure Software from a “hold” rating to a “sell” rating in a research report on Tuesday, June 6th. Canaccord Genuity upped their price target on Asure Software from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Wednesday, May 31st. Northland Securities set a $18.00 price target on Asure Software and gave the stock a “buy” rating in a research report on Tuesday, August 15th. Scotiabank downgraded Asure Software from an “outperform” rating to a “sector perform” rating in a research report on Thursday, September 7th. Finally, Cowen and Company assumed coverage on Asure Software in a research report on Wednesday, September 6th. They set an “outperform” rating and a $16.00 price target for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company’s stock. Asure Software has an average rating of “Buy” and an average target price of $15.88.

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About Asure Software

Asure Software, Inc is a global provider of cloud-based software-as-a-service (SaaS) solutions that help companies to bring people, time, space and assets together. The Company serves approximately 6,000 clients in over 80 countries. The Company offers a range of solutions to help its clients optimize and manage mobile workforces and global workspaces.

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