Upland Software (NASDAQ:UPLD) Rating Reiterated by Roth Mkm

Upland Software (NASDAQ:UPLD)‘s stock had its “sell” rating reiterated by stock analysts at Roth Mkm in a research report issued on Tuesday, Benzinga reports. They currently have a $2.50 price target on the software maker’s stock, down from their previous price target of $3.00. Roth Mkm’s price target would suggest a potential downside of 25.82% from the company’s current price.

UPLD has been the subject of a number of other research reports. Canaccord Genuity Group lowered their target price on Upland Software from $7.00 to $5.00 and set a “buy” rating for the company in a research note on Friday. William Blair reissued an “outperform” rating on shares of Upland Software in a research note on Friday. StockNews.com raised shares of Upland Software from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Upland Software in a research note on Friday. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $3.83.

Upland Software Trading Up 5.6 %

Upland Software stock traded up $0.18 during mid-day trading on Tuesday, hitting $3.37. The company’s stock had a trading volume of 650,582 shares, compared to its average volume of 499,011. The business has a 50 day moving average price of $2.59 and a 200-day moving average price of $3.68. The company has a debt-to-equity ratio of 23.49, a current ratio of 2.34 and a quick ratio of 2.34. Upland Software has a 12 month low of $1.89 and a 12 month high of $5.28. The stock has a market cap of $92.98 million, a price-to-earnings ratio of -0.73 and a beta of 1.01.

Institutional Trading of Upland Software

Large investors have recently added to or reduced their stakes in the stock. Pingora Partners LLC bought a new stake in Upland Software in the fourth quarter valued at $50,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Upland Software in the first quarter valued at $37,000. Mackenzie Financial Corp bought a new stake in Upland Software in the third quarter valued at $54,000. Oxford Asset Management LLP bought a new stake in Upland Software in the fourth quarter valued at $52,000. Finally, Pathstone Family Office LLC bought a new stake in Upland Software in the third quarter valued at $108,000. Institutional investors own 77.78% of the company’s stock.

About Upland Software

Upland Software, Inc, together with its subsidiaries, provides cloud-based software applications under the Upland brand name in the United States, the United Kingdom, Canada, and internationally. It offers software applications that enable organizations to plan, manage and execute projects, and work in the areas of marketing, sales, contact center, knowledge management, project management, information technology, business operations, human resources, and legal.