Gentrack's price falls

This billing software maker's share price is back in value territory.

Gentrack's share price is up 20% since our initial upgrade in Gentrack cleared for takeoff on 11 Aug 15 (Buy – $1.80), but the billing software maker has fallen 11% since Gentrack downgraded from 21 Dec 15 (Hold – $2.45) on no material news. With an underlying price-earnings ratio of 17, we're happy to upgrade back to BUY.

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