Other equities research analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of Micro Focus International from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a research note on Saturday, November 21st. ValuEngine raised shares of Micro Focus International from a “sell” rating to a “hold” rating in a research note on Tuesday, November 3rd. Finally, The Goldman Sachs Group raised shares of Micro Focus International from a “neutral” rating to a “buy” rating in a research note on Sunday, December 6th. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $5.00.
Micro Focus International stock traded down $0.11 during midday trading on Wednesday, hitting $5.34. 14,953 shares of the stock were exchanged, compared to its average volume of 780,617. Micro Focus International has a 1 year low of $2.78 and a 1 year high of $14.72. The firm has a market cap of $1.79 billion, a P/E ratio of 2.72 and a beta of 2.49. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.83 and a quick ratio of 0.83. The company has a 50 day moving average price of $5.64 and a two-hundred day moving average price of $4.29.
Micro Focus International Company Profile
Micro Focus International plc 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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