Stocks of the Hour: Ora Banda Mining, Accelerate Resources, Altium, Way2VAT
A snapshot of the stocks on the move, featuring Ora Banda Mining (ASX:OBM), Accelerate Resources (ASX:AX8), Altium (ASX:ALU) and Way2VAT (ASX:W2V).
Watch Now
Since 1985, Altium has been developing, creating and selling electronic design tools (software and hardware) that help electronics designers harness the latest devices and technologies, manage their projects across broad design ‘ecosystems’, and create connected, intelligent designs.
A snapshot of the stocks on the move, featuring Ora Banda Mining (ASX:OBM), Accelerate Resources (ASX:AX8), Altium (ASX:ALU) and Way2VAT (ASX:W2V).
Watch Now
Fund Manager Chris Pedersen discusses Zip Co, Altium and WiseTech Global.
Watch Now
Shareholders in Altium who have stuck with the company this year are entitled to a solid chuckle when they read the latest quarterly results for the company's one-time US suitor Autodesk.
Read More
The broker decreases its rating to Underperform from Neutral and it's felt market confidence will be reduced around the company’s lack of visibility on the longer-term outlook. The target price falls to $27.60 from $30.
Read More
Monday, August 30 was a day that listed software maker Altium will probably not forget for quite a while, as the company's shares plunged 14% after an unimpressive earnings report.
Read More
Four Australian techs had varying experiences in yesterday’s ASX trading session, with releases from hummgroup, Empired, Altium and Data #3 receiving the gamut of responses from traders.
Read More
The Outperform rating is retained and the target price increases to $42.00 from $35.00.
Read More
The local tech sector came alive Monday, with a $5bn move on Altium from American giant Autodesk and a $1.3bn offer from local private equity group BBGH Capital for Hansen Technologies.
Read More
Risks implied in second half forecasts suggest Altium is not completely out of the woods, although longer-term growth appears solid.
Read More
With revenue pre-released, Credit Suisse found no surprises in Altium's top line numbers. Outperform rating retained with a target of $35.
Read More
Earnings estimates have been reduced and the analysts conclude their initiation of coverage with an Outperform rating and $42 price target has proved to be "a half too early".
Read More
Altium has divested its non-core tasking division. UBS notes the divestment is consistent with Altium's focus on its Altium 365 platform and realignment to cloud. Neutral and $36 target retained.
Read More