ASUR stock: buy or sell?
April 1st, 2020
Asure Software, Inc. provides cloud-based software-as-a-service (SaaS) time and labor management, and workspace management solutions worldwide.
Should I buy ASUR stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Asure Software stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Asure Software stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't find any rating for ASUR stock for the last month.
ASUR stock analysis
Asure Software plummed a dreadful -5.54% and closed at $5.63.
Asure Software shares plummed -5.54% to $5.63 today. For the last 29 days when ASUR stock price broke down the SMA200d line, it slid $-2.62 per share (-31.76%). ASUR is soaring again after a 11.34% correction from its last top on March/24 at $6.35.
Shares of Asure Software collapsed a spooky -5.38% this week.
Since price and 40-weeks moving average lines crossed down early March, ASUR fell $-2.80 per share (-33.21%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
ASUR stock price history
ASUR stock went public on April 7th, 1992 with a price of $86.671. Since then, ASUR stock lost a -93.50%, with a yearly average of -3.50%.
1: Adjusted price after possible price splits or reverse-splits.
ASUR stock historical price chart
ASUR stock reached 52-week highs on July at $10.25, and all-time highs 1995-09-22 with a price of 173.33.
ASUR stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' ASUR stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price prediction for Asure Software stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAsure Software failed analysts when it published an Earnings per Share (EPS) of $0.09 when the market consensus was $0.11.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw an astounding growth of 63.39% to $88.95 million dollars. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) inched a 2.02% to -8.49%.
|2013||$25 M||-||$-1.66 M-6.5%||-|
|2014||$27 M||6.82%||$-0.26 M-1.0%||-84.22%|
|2015||$27 M||-1.10%||$-1.76 M-6.5%||570.61%|
|2016||$36 M||32.10%||$-0.97 M-2.7%||-44.68%|
|2017||$54 M||53.18%||$-5.72 M-10.5%||488.68%|
|2018||$89 M||63.39%||$-7.55 M-8.5%||31.91%|
Quarterly financial resultsAsure Software reported $24.42 million in revenues for 2018-Q4, a 4.11% improvement compared to previous quarter. Reported quarter earnings marked $1.73 million with a profit margin of 7.08%. Profit margin rocketed a 22.36% compared to previous quarter when profit margin was -15.28%. When comparing revenues to same quarter last year, Asure Software sales marked an exceptional increase and boosted a 59.54%. Looking back to recent quarterly results, Asure Software posted 4 negative quarters in a row.
|2017-Q1||$11 M||-||$-1.06 M-9.9%||-|
|2017-Q2||$13 M||20.04%||$-1.84 M-14.3%||73.58%|
|2017-Q3||$16 M||20.55%||$-1.28 M-8.3%||-30.38%|
|2017-Q4||$15 M||-1.41%||$-1.55 M-10.1%||20.61%|
|2018-Q1||$19 M||26.10%||$-1.93 M-10.0%||24.60%|
|2018-Q2||$22 M||12.76%||$-3.77 M-17.3%||95.74%|
|2018-Q3||$23 M||7.77%||$-3.58 M-15.3%||-4.88%|
|2018-Q4||$24 M||4.11%||$1.73 M7.1%||-148.24%|
Asure Software ownershipWhen you are planning to buy a company, it's worth to overview its ownership structure.
Asure Software shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 20.84% of all shares.
In case of Asure Software stock, 66.73% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ASUR stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Asure Software:
|Market cap||$88.4 M|
|Total shares||15.7 M|
|Float shares||11.8 M|
|- Institutional holdings (%)||66.7%|
|- Insider holdings (%)||20.8%|
|Shares in short selling||0.0%|
|Wednesday, April 1st, 2020|
|Day range||$5.55 - $5.75|
|Average true range||$0.76|
|50d mov avg||$7.58|
|100d mov avg||$7.96|
|200d mov avg||$7.89|
Asure Software performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Asure Software performance to :