Sopheon (LON:SPE) Stock Price Passes Above 200-Day Moving Average of $1,033.66

Sopheon Plc (LON:SPE) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1,033.66 and traded as high as $750.00. Sopheon shares last traded at $745.00, with a volume of 1,617 shares traded.

Separately, FinnCap reiterated a “corporate” rating and issued a GBX 1,425 ($18.62) target price (down previously from GBX 1,500 ($19.60)) on shares of Sopheon in a research note on Wednesday, July 24th.

The business’s 50-day moving average price is GBX 895.65 and its 200 day moving average price is GBX 1,033.66. The company has a quick ratio of 2.02, a current ratio of 2.07 and a debt-to-equity ratio of 1.39. The company has a market capitalization of $77.91 million and a P/E ratio of 11.80.

Sopheon Company Profile (LON:SPE)

Sopheon plc designs, develops, and markets software products with associated implementation and consultancy services in North America and Europe. The company's software products comprise Accolade, Accolade Express, Accolade Cloud, Accolade Go, Accolade Integration, and Accolade Accelerators. Its solutions provide support for innovation planning, road mapping, idea and concept development, process and project management, portfolio management and optimization, and resource planning, as well as analytics, collaborative workflow, product lifecycle management, and stage-gate automation.

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