(MAMS) With Shares Trading unchanged at $6.81 MAM Schedules Fourth Quarter Results…


MAM Software Group, Inc. (NASDAQ:MAMS):

MAM Schedules Fourth Quarter Results Conference Call for September 29, 2017.

The company is trading unchanged from yesterday’s close of 6.81.

MAM Software Group, Inc. (MAM), launched on April 17, 2003, 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. The Company 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). MAM UK is a provider of software to the automotive aftermarket in the United Kingdom and Ireland. MAM UK also provides customers in the United Kingdom Market and North America with a range of business to business (B2B) and business to consumer (B2C) e-commerce solutions for the automotive aftermarket. MAM NA sells two primary software solutions, VAST and Autopart. VAST focuses on selling systems to the service and tire segment of the market, while Autopart focuses on the warehouse and jobber segment of the market..

Company shares are trading at $6.81 slightly below the 50 day moving average of $6.91 and which is just over the 200 day moving average of $6.51. The 50 day moving average was down by -1.40% and the 200 day average went up by +4.67%.

The P/E ratio is currently 23.16 and the market cap is 83.55M. As of the latest earnings report the EPS was $0.29 and is expected to be $0.23 for the current year with 12,269,000 shares outstanding. Analysts expect next quarter’s EPS to be $0.06 with next year’s EPS projected to be $0.26.

Traders are feeling more bullish on MAM Software Group, Inc. recently as inferred by the change in short interest. The company recorded a fall in short interest between August 15, 2017 and August 31, 2017 of -56.02%. Short interest decreased from 3,163 to 1,391 over that period. With short interest at 1,391 and short average daily volume at 3,400, days to cover is 0.0 and the percentage of shorted shares was 0.00% on August 31.