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Zacks Investment Research announced MAM Software Group Inc. (NASDAQ:MAMS), bumping up its stock price target to $7.50 today

Boasting a price of $6.59, MAM Software Group Inc. (NASDAQ:MAMS) traded 1.22% higher on the day. With the last stock price close up 9.41% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. MAM Software Group Inc. has recorded a 50-day average of $6.26 and a two hundred day average of $6.08. Volume of trade was down over the average, with 0 shares of MAMS changing hands under the typical 7,359

In a report issued 11/30/2016 Zacks Investment Research raised the target price of MAM Software Group Inc. (NASDAQ:MAMS) to $7.50 stating a potential upside of 0.14%.

Performance Chart

MAM Software Group Inc. (NASDAQ:MAMS)

With a total market value of $0, MAM Software Group Inc. has price-earnings ratio of 20.72 with a one year low of $5.10 and a one year high of $7.48 .

Brief Synopsis About MAM Software Group Inc. (NASDAQ:MAMS)

MAM Software Group, Inc. (MAM) is a technology holding company. The Company is a provider of cloud-based business and on premise management solutions for the auto parts, tires and vertical distribution industries. Its segments include MAM UK and MAM NA. It operates through three subsidiaries: MAM Software, Inc. (MAM NA), MAM Software Limited (MAM Ltd.) and Origin Software Solutions Ltd. (Origin) (MAM Ltd. and Origin are collectively referred to as MAM UK). The Company provides software, information and related services to businesses engaged in the automotive aftermarket in the United States, Canada, the United Kingdom and Ireland. In the United Kingdom Market, it also provides management solutions to businesses involved in the wholesale of construction materials. Its products and services include business management systems, information products, online services, and customer support and consulting and training.

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