Separately, Zacks Investment Research cut ePlus from a strong-buy rating to a hold rating in a research note on Wednesday, April 6th.
Shares of ePlus stock opened at $55.60 on Tuesday. The company has a current ratio of 1.69, a quick ratio of 1.43 and a debt-to-equity ratio of 0.02. The company’s 50-day moving average price is $55.31 and its two-hundred day moving average price is $57.73. ePlus has a 52 week low of $42.00 and a 52 week high of $69.74. The stock has a market cap of $1.49 billion, a PE ratio of 15.42 and a beta of 1.24.
About ePlus (Get Rating)
ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. It operates in two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services; and professional and managed services, including ePlus managed, professional, security, ePlus cloud consulting, staff augmentation, server and desktop support, and project management services.
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