Emerging Stocks Down Under 17 May 2022: Elmo Software (ASX: ELO)

Emerging Stocks Down Under 17 May 2022: Elmo Software (ASX: ELO) 2
Elmo Software: Still no rush to get in
It’s been a tough 6 months for the tech sector, but Elmo Software has been feeling the heat for longer, never reaching its pre-pandemic high of $8.39. We last covered the company in October 2020 concerned about its customer churn, which while not big, still big for a SaaS company. Arguably now the tech sell off is even a greater concern, but we see little cause for optimism in the months ahead. Click here to read the previous edition of Emerging Stocks Down Under published 10 May 2022 For in-depth research reports or to keep up-to-date on the latest Stocks Down Under news see our parent company, Pitt Street Research, or follow us on Facebook and Twitter.
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