Several other research analysts have also recently commented on MFGP. Jefferies Financial Group assumed coverage on Micro Focus International in a research note on Monday, July 22nd. They set a hold rating and a $21.00 target price for the company. Zacks Investment Research raised Micro Focus International from a sell rating to a hold rating in a research note on Wednesday, September 25th. Goldman Sachs Group cut Micro Focus International from a neutral rating to a sell rating in a research note on Tuesday, July 16th. Finally, JPMorgan Chase & Co. raised Micro Focus International from an underweight rating to a neutral rating in a research note on Thursday, September 26th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company. Micro Focus International has an average rating of Hold and an average price target of $24.46.
MFGP traded up $0.45 on Thursday, hitting $13.67. 21,781 shares of the company were exchanged, compared to its average volume of 911,583. Micro Focus International has a twelve month low of $12.50 and a twelve month high of $27.32. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.68. The firm has a 50-day moving average price of $14.54 and a two-hundred day moving average price of $21.42.
Micro Focus International Company Profile
Micro Focus International plc, an infrastructure software company, develops, sells, and supports software products and solutions to small and medium size enterprises. The company offers infrastructure software products that are managed on an investment portfolio. Its product portfolio includes application modernization and connectivity, application delivery management, and IT operations management, as well as security, information management, and Governance.
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