Shares of QAD Inc. (NASDAQ:QADB) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $34.52 and last traded at $34.52, with a volume of 234 shares changing hands. The stock had previously closed at $33.00.

The stock has a market cap of $647.98, a P/E ratio of -33.51 and a beta of 0.92. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.60 and a current ratio of 1.60.

QAD (NASDAQ:QADB) last released its quarterly earnings results on Tuesday, November 21st. The software maker reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $76.93 million during the quarter. QAD had a negative net margin of 6.40% and a negative return on equity of 2.06%.

An institutional investor recently raised its position in QAD stock. Vanguard Group Inc. grew its stake in shares of QAD Inc. (NASDAQ:QADB) by 0.8% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 54,323 shares of the software maker’s stock after acquiring an additional 417 shares during the quarter. Vanguard Group Inc. owned about 0.29% of QAD worth $1,459,000 as of its most recent SEC filing. Institutional investors own 1.85% of the company’s stock.

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QAD Company Profile

QAD Inc (QAD) is a provider of vertically oriented enterprise software solutions for global manufacturing companies across the automotive, life sciences, consumer products, food and beverage, high technology and industrial products industries. QAD Enterprise Applications enables measurement and control of business processes and supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management.

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