Concierge gives you timely BUY and SELL alerts on ASX-listed stocks
Emerging Stocks Down Under 17 May 2022: Elmo Software (ASX: ELO)
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