Upland Software, Inc. (NASDAQ:UPLD - Get Free Report) has earned a consensus rating of "Moderate Buy" from the five ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $3.75.
UPLD has been the topic of several research reports. Needham & Company LLC reaffirmed a "hold" rating on shares of Upland Software in a research note on Friday, November 8th. StockNews.com upgraded Upland Software from a "hold" rating to a "buy" rating in a report on Thursday, September 12th.
Check Out Our Latest Report on Upland Software
Shares of NASDAQ:UPLD opened at $4.12 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 324.05. The firm has a market cap of $113.05 million, a P/E ratio of -0.91 and a beta of 1.32. Upland Software has a 12 month low of $1.79 and a 12 month high of $5.64. The company's 50-day moving average price is $3.03 and its two-hundred day moving average price is $2.62.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. First Heartland Consultants Inc. bought a new stake in shares of Upland Software during the third quarter valued at approximately $30,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Upland Software in the third quarter valued at approximately $31,000. XTX Topco Ltd bought a new position in Upland Software in the 3rd quarter valued at $43,000. Mackenzie Financial Corp raised its position in Upland Software by 74.6% in the second quarter. Mackenzie Financial Corp now owns 30,191 shares of the software maker's stock worth $75,000 after acquiring an additional 12,898 shares during the period. Finally, Heron Bay Capital Management purchased a new stake in Upland Software in the second quarter worth $185,000. 77.78% of the stock is owned by institutional investors and hedge funds.
Upland Software, Inc, together with its subsidiaries, provides cloud-based software applications under the Upland brand name in the United States, the United Kingdom, Canada, and internationally. It offers software applications that enable organizations to plan, manage and execute projects, and work in the areas of marketing, sales, contact center, knowledge management, project management, information technology, business operations, human resources, and legal.
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