Upland Software (NASDAQ:UPLD) Upgraded at StockNews.com

StockNews.com upgraded shares of Upland Software (NASDAQ:UPLD) from a hold rating to a buy rating in a research report report published on Wednesday morning.

Upland Software Price Performance

Shares of NASDAQ UPLD opened at $3.10 on Wednesday. The firm has a 50-day simple moving average of $3.92 and a 200-day simple moving average of $3.36. The stock has a market capitalization of $85.07 million, a price-to-earnings ratio of -0.69 and a beta of 1.40. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 324.05. Upland Software has a 52 week low of $1.79 and a 52 week high of $5.64.

Institutional Investors Weigh In On Upland Software

A number of hedge funds have recently modified their holdings of the business. Legato Capital Management LLC acquired a new stake in shares of Upland Software in the fourth quarter valued at about $44,000. First Heartland Consultants Inc. acquired a new stake in shares of Upland Software in the third quarter valued at about $30,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Upland Software in the third quarter valued at about $31,000. WESPAC Advisors LLC acquired a new stake in Upland Software during the fourth quarter worth about $55,000. Finally, Essential Planning LLC. acquired a new stake in Upland Software during the fourth quarter worth about $56,000. 77.78% of the stock is currently owned by institutional investors and hedge funds.

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.