Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on finance digitalisation and subscription management software group Aptitude (APTD), last year with the shares down to 310p I reviewed ‘after emphasised “good progress in 2021”, why the share price slump?’, concluding with it following a trading update only a couple of months earlier which didn’t mention further increased investment and, set for ‘dampened profitability’ in the next years, the valuation still meant I avoided. The shares most recently closed at 340p, but what of them currently falling below 300p on a “Trading Update and Directorate Changes” announcement?
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