Upland Software, Inc. (NASDAQ:UPLD) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Upland Software, Inc. (NASDAQ:UPLD) have received an average recommendation of “Moderate Buy” from the five research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $3.75.

Separately, StockNews.com lowered shares of Upland Software from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th.

Upland Software Trading Down 4.6 %

Shares of NASDAQ:UPLD opened at $2.69 on Tuesday. The stock has a market capitalization of $73.82 million, a PE ratio of -0.60 and a beta of 1.40. Upland Software has a 1 year low of $1.79 and a 1 year high of $5.64. The firm has a fifty day moving average price of $4.03 and a 200 day moving average price of $3.35. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 324.05.

Institutional Trading of Upland Software

Several hedge funds have recently modified their holdings of the company. First Heartland Consultants Inc. bought a new position in Upland Software in the third quarter valued at approximately $30,000. Dynamic Technology Lab Private Ltd acquired a new stake in Upland Software in the 3rd quarter valued at $31,000. XTX Topco Ltd acquired a new position in shares of Upland Software during the 3rd quarter worth about $43,000. Legato Capital Management LLC bought a new stake in shares of Upland Software during the 4th quarter worth about $44,000. Finally, WESPAC Advisors LLC bought a new stake in Upland Software in the 4th quarter valued at about $55,000. Institutional investors and hedge funds own 77.78% of the company’s stock.

Upland Software Company Profile

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.