|Bid||35.98 x 0|
|Ask||36.10 x 0|
|Day's Range||35.20 - 36.25|
|52 Week Range||23.66 - 40.21|
|Beta (5Y Monthly)||0.46|
|PE Ratio (TTM)||132.95|
|Forward Dividend & Yield||0.40 (1.12%)|
|Ex-Dividend Date||Sep 06, 2021|
|1y Target Est||N/A|
Software maker Altium on Friday underscored its strategy and key objectives, days after rejecting U.S. peer Autodesk's buyout offer, with analysts expecting rival bids to materialise. Earlier this month, Altium rejected a $3.9-billion takeover bid from the U.S. firm saying its "current price" was too low, but added it would engage with interested parties and pursue a "review of all potential strategic alternatives." The comments stoked expectations that Altium was open to a higher bid price from Autodesk, and Jefferies analysts said there could be other potential bidders such as France's Dassault Systemes and NASDAQ-listed PCT Inc.
The architecture-focused software giant recently put out a bid for the electronics software company.
Altium rejects Autodesk's (ADSK) takeover proposal on grounds that the current price related to the deal undervalues its prospects.