MAM Software Group (NASDAQ:MAMS) posted its earnings results on Monday. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01, MarketWatch Earnings reports. MAM Software Group had a net margin of 9.08% and a return on equity of 30.52%. MAM Software Group updated its FY 2019 guidance to EPS.
NASDAQ MAMS opened at $7.92 on Tuesday. The firm has a market cap of $99.53 million, a P/E ratio of 24.00 and a beta of 0.27. MAM Software Group has a 1 year low of $6.68 and a 1 year high of $9.26. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.03 and a quick ratio of 1.01.
An institutional investor recently raised its position in MAM Software Group stock. BlackRock Inc. lifted its stake in shares of MAM Software Group Inc. (NASDAQ:MAMS) by 345.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,152 shares of the technology company’s stock after purchasing an additional 15,632 shares during the period. BlackRock Inc. owned about 0.16% of MAM Software Group worth $173,000 as of its most recent filing with the Securities & Exchange Commission. 39.13% of the stock is owned by institutional investors.
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MAM Software Group Company Profile
MAM Software Group, Inc, through its subsidiaries, provides software, information, and e-commerce and related services to businesses engaged in the automotive aftermarket in the United States, Canada, the United Kingdom, and Ireland. The company offers business management systems, including its proprietary software applications, implementation and training, and third-party hardware and peripherals; and information products, such as an accessible catalog database related to parts, tires, labor estimates, scheduled maintenance, repair information, technical service bulletins, pricing, and product features and benefits.
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