American Software reported its fiscal fourth quarter earnings that topped the Zacks Consensus Estimate .
The company’s adjusted earnings for the quarter ended April 2022 came in at $0.13 per share, compared to the Zacks Consensus Estimate of $0.08 per share. The figure is also higher than the year-ago quarter’s $0.11 per share. It has topped consensus estimates for earnings per share four times over the last four quarters
Revenues of $34.65 million also exceeded the Zacks Consensus Estimate, by 10.52%. Year-ago revenues were $28.57 million. Revenues have exceeded the consensus estimates four times over the last four quarters.
AMSWA broke above its upper Bollinger Band on September 30, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 47 similar instances where the stock broke above the upper band. In of the 47 cases the stock fell afterwards. This puts the odds of success at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where AMSWA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved above the 0 level on September 20, 2024. You may want to consider a long position or call options on AMSWA as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMSWA advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .
a provider of demand driven supply chain management and enterprise software solutions
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