Sopheon Plc (LON:SPE)’s share price reached a new 52-week high on Monday . The company traded as high as GBX 594 ($8.34) and last traded at GBX 574 ($8.06), with a volume of 156700 shares. The stock had previously closed at GBX 492.50 ($6.92).
Separately, FinnCap reaffirmed a “corporate” rating and set a GBX 620 ($8.71) price target on shares of Sopheon in a research report on Monday.
The firm has a market capitalization of $54.94 and a P/E ratio of 1,793.75.
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Sopheon plc is a United Kingdom-based company, which is engaged in the provision of software and services in the product lifecycle management (PLM) market. The Company operates in two segments: North America and Europe. Its Accolade solution provides integrated support for innovation planning, roadmapping, idea and concept development, process, project, portfolio, resource and in-market management.
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