Sopheon – trading update, how valuable is its “SaaS transition” proving?
Previously writing on innovation management software and services company Sopheon (SPE), 17 months ago with the shares rising above 925p I concluded that I wasn’t prepared to pay a market cap of more than £100 million at that stage of ‘SaaS transition’ here. The shares most recently closed at 625p but are currently up to 680p on the back of a trading update. So what’s the situation now?
- By Steve Moore
- 2023-01-30 11:43:25