How Analysts Feel About Ameri Holdings Inc (NASDAQ:AMRH) After Decrease in Sellers?

October 2, 2018 - By olga

AMERI Holdings, Inc. (NASDAQ:AMRH) Logo

The stock of Ameri Holdings Inc (NASDAQ:AMRH) registered a decrease of 21.8% in short interest. AMRH’s total short interest was 205,900 shares in October as published by FINRA. Its down 21.8% from 263,300 shares, reported previously. With 63,600 shares average volume, it will take short sellers 3 days to cover their AMRH’s short positions. The short interest to Ameri Holdings Inc’s float is 1.9%.

The stock increased 8.46% or $0.11 during the last trading session, reaching $1.41. About 72,388 shares traded. AMERI Holdings, Inc. (NASDAQ:AMRH) has declined 77.73% since October 2, 2017 and is downtrending. It has underperformed by 93.35% the S&P500.

AMERI Holdings, Inc., through its subsidiaries, provides SAP cloud and digital enterprise services. The company has market cap of $32.96 million. The firm offers cloud services, including public, private, and hybrid SAP cloud services, as well as SAP HANA cloud migration and cloud automation solutions. It currently has negative earnings. It also provides digital services, such as SimpleAPO mobile application, a advance planning and optimization application that provides sales professionals with real-time collaboration capabilities and customer data on their mobile devices; SAP IBP mobile app, which enables the real-time management and analysis of Sales and Operations Planning related data from mobile devices; and Robotic Process Automation, which leverages the capability of artificially intelligent software agents for business process automation, as well as for reporting and analysis, and deliver insights into business functions by translating large data into structured reports.

More recent AMERI Holdings, Inc. (NASDAQ:AMRH) news were published by: Globenewswire.com which released: “AMERI100 Announces Appointments of Seasoned Business Executives to Advisory Board” on September 05, 2018. Also Globenewswire.com published the news titled: “Ameri100 Expands IoT and Intelligent Enterprise Offerings with New Partnership” on October 01, 2018. Nasdaq.com‘s news article titled: “Ameri100 to Present at the Sidoti & Company Fall 2018 Conference on September 27” with publication date: September 10, 2018 was also an interesting one.

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