QADA - American Software: Beware Of The Headlines The Opportunity Is In The Cloud
You can find company background information regarding product acceptance, market demand, and a discussion of comparative valuation in previous articles, here and here. This article focuses on the matters outlined in the summary.
A Prescient Quote
In the days following the earnings announcement on September 4th, the price of the stock dropped 25%. The drop is more drastic than any substantive news contained in the earnings report and more drastic than I had expected.
AMSWA data by YChartsWhen I wrote my previous article on July 13, 2018, the stock was $15.71/share. Stock appreciation