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 rise, let’s take a look at some background.

American Software, Inc. is a provider of artificial intelligence (AI)-powered supply chain planning software. The Company's segments include Supply Chain Management (SCM) and Other. The SCM segment consists of Logility, Inc. (Logility), which provides collaborative supply chain software and services to streamline and optimize the production, distribution and management of products between trading partners. The SCM segment leverages a single platform spanning eight supply chain process areas, including product, demand, inventory, supply, network optimization, order response, supplier management and scenario planning. Its Logility Digital Intelligence Platform leverages a blend of artificial intelligence (AI) and advanced analytics fueled by supply chain master data. 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 August 23, 2024, 4:00 PM, CST, American Software, Inc.’s stock price was $11.06.

American Software, Inc. is up 7.8% from its previous closing price of $10.26.

During the last market session, American Software, Inc.’s stock traded between $10.18 and $10.38. Currently, there are 33.23 million shares of American Software, Inc. stock available for purchase.

American Software, Inc.’s price-earnings (P/E) ratio is currently at 33.8, which is low compared to the Software industry median of 42.6. 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 up 1.1% so far this month.

During the month of August, American Software, Inc.’s stock price has reached a high of $11.97 and a low of $9.91.

Over the last year, American Software, Inc. has hit prices as high as $12.58 and as low as $8.41. Year to date, American Software, Inc.’s stock is down 24.66%.

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

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 August 22, 2024, there were 3 analysts 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 August 22, 2024, American Software, Inc. has a weighted four-quarter relative price strength of -7.53%, which translates to a Momentum Score of 39 and is considered to be Weak.

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American Software, Inc. Stock Price: Bottom Line

As of August 23, 2024, American Software, Inc.’s stock price is $11.06, which is up 7.8% 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.

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