Software Circle (LON:SFT) Stock Price Down 4.8% – Time to Sell?

Software Circle plc (LON:SFT) shares traded down 4.8% on Tuesday . The stock traded as low as GBX 16 and last traded at GBX 16. Approximately 360,713 shares changed hands during trading, an increase of 6% from the average session volume of 341,846 shares. The stock had previously closed at GBX 16.80.

Software Circle Stock Up 0.8%

The company has a market cap of £64.36 million, a PE ratio of -23.24 and a beta of 0.13. The company’s fifty day moving average is GBX 15.81 and its 200-day moving average is GBX 18.47.

Insider Buying and Selling at Software Circle

In related news, insider Simon Barrell sold 128,034 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of GBX 15, for a total transaction of £19,205.10. Also, insider Richard Lightfoot sold 38,624 shares of the stock in a transaction dated Monday, April 13th. The shares were sold at an average price of GBX 15, for a total value of £5,793.60. 8.18% of the stock is owned by corporate insiders.

Software Circle Company Profile

Software Circle plc (AIM: SFT) has a mission: to be a leading serial acquirer and operator of Vertical Market Software businesses in the UK and Ireland – a permanent home for software leaders, teams, and customers. These are mission-critical systems, deeply embedded in the day-to-day workflows of users.

We help founders find the right exit strategy, acquiring businesses at appropriate valuations, supporting their organic growth over time, and reinvesting the free cash flow they generate into further value-accretive opportunities.