Business
2 small cap ASX tech shares trading at a big discount
Due to the recent market volatility, a number of small cap tech shares have been dragged notably lower.
Two that could be in the buy zone now are listed below. Here’s what you need to know about them:
The first small cap ASX tech share to consider is Nitro Software. It is the software company behind the popular Nitro Productivity Suite.
The Nitro share price has pulled back by 35% since hitting a record high late last year. This appears to have created a buying opportunity according to analysts at Morgan Stanley. Late last month, the broker retained its overweight rating and $3.50 price target on the company’s shares.
Morgan Stanley appeared pleased with Nitro’s performance during FY 2020 and its guidance for the year…
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