Stock News Recap: SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)

SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) spotted trading -11.41% off 52-week high price. On the other end, the stock has been noted 46.48% away from the low price over the last 52-weeks. The stock changed -0.58% to recent value of $60. The stock transacted 1749986 shares during most recent day however it has an average volume of 1761.9K shares. The company has 248.73M of outstanding shares and 220.46M shares were floated in the market.  

SS&C Technologies Holdings, Inc. (SSNC), declared the first of three 2019 releases for AWD, its business process management (BPM) platform.

AWD’s latest enhancements are especially relevant in the financial services, insurance, banking and healthcare industries, which have data-intensive manual processes. The newest version:

  • Advances AWD’s process orchestration capabilities by enriching support for integration via RESTful web services.
  • Streamlines AWD’s ability to automate processes such as onboarding clients, processing loans and adjusting claims natively and via integration with Robotic Process Automation (RPA) solutions.
  • Augments AWD’s integrated content management solution and its out-of-the-box Processor Workspace, further improving speed and accuracy.

“We’re excited to see the investment and focus SS&C has put into AWD,” said Jeff Ritter, Vice President of IT at National Benefit Services. “As a long-time user of AWD, we’re eager to leverage these new capabilities as we continue to evolve our business with a strong focus on automation. SS&C’s product roadmap for AWD is consistent with the direction of our business and the needs of our clients.”

The second AWD 2019 release will focus on enhanced outbound communications capabilities, support for dynamic user interfaces and imbedded business rules management. 2019 will also introduce AWD’s next-generation private cloud offering.

“SS&C is dedicated to continuously enhancing AWD,” said Tracy Shelby, Head of AWD at SS&C Technologies. “In addition to delivering three releases of AWD since being acquired by SS&C, we have developed AWD integrations with multiple SS&C products. These include BRIX for employee benefits administration and Precision LM for commercial loan origination and servicing.”

 Its earnings per share (EPS) expected to touch remained -62.80% for this year while earning per share for the next 5-years is expected to reach at 21.47%. SSNC has a gross margin of 40.00% and an operating margin of 11.30% while its profit margin remained 3.00% for the last 12 months. 

 According to the most recent quarter its current ratio was 1.1 that represents company’s ability to meet its current financial obligations. The price moved ahead of -7.24% from the mean of 20 days, -5.06% from mean of 50 days SMA and performed 10.12% from mean of 200 days price. Company’s performance for the week was -10.06%, -6.83% for month and YTD performance remained 33.01%.

Leave a Reply

Your email address will not be published. Required fields are marked *