Catapult shares are trading around $3.12 on Friday, about 60% below their 52-week high of $7.72.
Teams are spending more on analytics, performance monitoring, and technology that can help improve decision-making.
At $3.12, the market may be underestimating that potential.
The company provides technology that helps hotels manage how their rooms are sold across different online channels.
If both ASX tech shares keep executing and their markets continue moving in their favour, today's prices could prove to be great value.
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Summarized version
Catapult shares are trading around $3.12 on Friday, about 60% below their 52-week high of $7.72. At $3.12, the market may be underestimating that potential.
The report’s most important sentence, shortened and in plain words. How
Headline check
Headline as published: 2 ASX tech shares I think the market is underestimating
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The article, shortened and in plain language
Share price falls can sometimes distract from what is still happening inside the business.
Catapult shares are trading around $3.12 on Friday, about 60% below their 52-week high of $7.72.
The company provides performance technology used by professional sporting organisations to analyse athletes, training loads, video, and other performance data.
Teams are spending more on analytics, performance monitoring, and technology that can help improve decision-making.
If Catapult can continue to deepen its relationships with sporting organisations, the business could look larger several years from now.
At $3.12, the market may be underestimating that potential.
SiteMinder is an ASX tech share that has fallen even further, trading around $2.60 compared with a 52-week high of $7.96.
The company provides technology that helps hotels manage how their rooms are sold across different online channels.
If SiteMinder can keep expanding its customer base and generate more revenue from each hotel using its platform, today's share price could prove to be an attractive entry point.
If both ASX tech shares keep executing and their markets continue moving in their favour, today's prices could prove to be great value.
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