Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate American Software, Inc. before investing.

In this article, we go over a few key elements for understanding American Software, Inc.’s stock price such as:

• American Software, Inc.’s current stock price and volume
• Why American Software, Inc.’s stock price changed recently
• Upgrades and downgrades for AMSWA from analysts
• AMSWA’s stock price momentum as measured by its relative strength

About American Software, Inc. (AMSWA)

Before we jump into American Software, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

American Software, Inc. provides software and services. The Company provides a cloud-architected supply chain management platform that helps its clients manage eight planning processes: product, demand, inventory, supply, network optimization, deploy, integrated business planning and supply chain data management. The Company operates through three segments: Supply Chain Management (SCM), Information Technology Consulting (IT Consulting) and Other. The SCM segment consists of Logility, Inc., which provides collaborative supply chain software and services to streamline and optimize the production, distribution and management of products between trading partners. The IT Consulting segment consists of The Proven Method, Inc., which offers technology staffing and consulting services. The Other segment consists of American Software ERP, which provides purchasing and materials management, client order processing, financial, e-commerce and traditional manufacturing software and services.

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American Software, Inc.’s Stock Price as of Market Close

As of April 15, 2024, 4:00 PM, CST, American Software, Inc.’s stock price was $10.76.

American Software, Inc. is down 4.36% from its previous closing price of $11.25.

During the last market session, American Software, Inc.’s stock traded between $11.22 and $11.95. Currently, there are 33.29 million shares of American Software, Inc. stock available for purchase.

American Software, Inc.’s price-earnings (P/E) ratio is currently at 34.8, which is low compared to the Software industry median of 48.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

American Software, Inc. Stock Price History

American Software, Inc.’s (AMSWA) price is currently down 6.03% so far this month.

During the month of April, American Software, Inc.’s stock price has reached a high of $12.27 and a low of $10.74.

Over the last year, American Software, Inc. has hit prices as high as $13.72 and as low as $9.38. Year to date, American Software, Inc.’s stock is down 26.7%.

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What Caused American Software, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 12, 2024, there was 1 analyst who downgraded American Software, Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate American Software, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on American Software, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

American Software, Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about American Software, Inc. (AMSWA) by visiting AAII Stock Evaluator.

Relative Price Strength of American Software, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 12, 2024, American Software, Inc. has a weighted four-quarter relative price strength of -7.68%, which translates to a Momentum Score of 41 and is considered to be Average.

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American Software, Inc. Stock Price: Bottom Line

As of April 15, 2024, American Software, Inc.’s stock price is $10.76, which is down 4.36% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like American Software, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.