In a filing, Asure Software Inc revealed its Chairman & CEO Goepel Patrick acquired Company’s shares for reported $23490.0 on Dec 14 ’23. In the deal valued at $7.83 per share,3,000 shares were bought. As a result of this transaction, Goepel Patrick now holds 970,888 shares worth roughly $6.84 million.
Lake Street downgraded its Asure Software Inc [ASUR] rating to a Hold from a a Buy in a research note published on November 14, 2023; the price target was decreased to $8 from $20. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. Northland Capital began covering ASUR with “an Outperform” recommendation on April 25, 2023.
Price Performance Review of ASUR
On Friday, Asure Software Inc [NASDAQ:ASUR] saw its stock fall -11.56% to $7.04. Over the last five days, the stock has lost -3.16%. Asure Software Inc shares have fallen nearly -26.05% since the year began. Nevertheless, the stocks have fallen -49.79% over the past one year. While a 52-week high of $15.88 was reached on 02/15/24, a 52-week low of $6.30 was recorded on 05/03/24. SMA at 50 days reached $8.06, while 200 days put it at $9.33. A total of 0.58 million shares were traded, compared to the trading of 0.35 million shares in the previous session.
Levels Of Support And Resistance For ASUR Stock
The 24-hour chart illustrates a support level at 6.77, which if violated will result in even more drops to 6.49. On the upside, there is a resistance level at 7.43. A further resistance level may holdings at 7.82. The Relative Strength Index (RSI) on the 14-day chart is 41.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.14%. Stochastics %K at 61.03% indicates the stock is a holding.
The most recent change occurred on November 12, 2019 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $11.
