Asure Software (ASUR) Now Covered by Craig Hallum

Analysts at Craig Hallum began coverage on shares of Asure Software (NASDAQ:ASUR) in a research note issued to investors on Monday. The brokerage set a “buy” rating on the technology company’s stock.

Several other research analysts also recently commented on the stock. Cowen started coverage on shares of Asure Software in a research note on Wednesday, September 6th. They set an “outperform” rating and a $16.00 price target on the stock. Canaccord Genuity reissued a “buy” rating and set a $18.00 price target on shares of Asure Software in a research note on Monday, August 14th. Dougherty & Co started coverage on shares of Asure Software in a research note on Tuesday, October 31st. They set a “buy” rating and a $17.00 price target on the stock. Scotiabank downgraded shares of Asure Software from an “outperform” rating to a “sector perform” rating in a research note on Thursday, September 7th. Finally, Zacks Investment Research downgraded shares of Asure Software from a “hold” rating to a “sell” rating in a research note on Friday, August 18th. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Asure Software currently has a consensus rating of “Buy” and an average price target of $16.57.

Asure Software (NASDAQ:ASUR) opened at $14.13 on Monday. The company has a market cap of $173.04, a P/E ratio of 53.38, a price-to-earnings-growth ratio of 1.05 and a beta of 1.17. Asure Software has a one year low of $8.00 and a one year high of $17.27. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.37 and a current ratio of 1.39.

Several hedge funds have recently bought and sold shares of ASUR. Northpointe Capital LLC bought a new position in shares of Asure Software in the second quarter worth approximately $5,941,000. Russell Investments Group Ltd. grew its holdings in shares of Asure Software by 664.5% in the second quarter. Russell Investments Group Ltd. now owns 466,350 shares of the technology company’s stock worth $6,814,000 after purchasing an additional 405,348 shares during the last quarter. Alyeska Investment Group L.P. grew its holdings in shares of Asure Software by 548.1% in the third quarter. Alyeska Investment Group L.P. now owns 450,000 shares of the technology company’s stock worth $5,589,000 after purchasing an additional 380,570 shares during the last quarter. Prudential PLC bought a new position in shares of Asure Software in the second quarter worth approximately $3,287,000. Finally, Unterberg Capital LLC bought a new position in shares of Asure Software in the second quarter worth approximately $2,922,000. 46.61% of the stock is currently owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for Asure Software (NASDAQ:ASUR)

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