Business
Objective (ASX:OCL) share price continues its rise in 2021 after doubling last year
The Objective Corporation Limited (ASX: OCL) share price wasted no time in 2021 proving that its performance last year wasn’t just a one-off aberration.
Since the start of trading in 2021, the Objective share price has risen by more than 12%. This occurred after the share price doubling in 2020, which put it into the list of top performers in the ASX SaaS shares sector.
Shares in this $1.2 billion software company have continued to outperform its peers in 2021. In comparison, the Altium Limited (ASX: ALU) share price is down by 12% on a year-to-date (YTD) basis, while the TechnologyOne Limited (ASX: TNE) share price has dropped 5% YTD.
So what’s been boosting the Objective share price?
Solid sales performance
During FY20, the…
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