Due to the recent weakness in the tech sector, a number of tech shares are trading notably lower than their 52-week highs.
While this is disappointing for existing shareholders, it has potentially created a buying opportunity for the rest of us.
Two small cap tech shares that could be in the buy zone now are listed below. Here’s what you need to know about them:
Since peaking at $3.66 last last year, the Nitro share price has been dragged 20% lower. This is despite the company delivering a very strong full year result in February.
For the 12 months ended 31 December, Nitro reported a 64% increase in annualised recurring revenue (ARR) to $27.7 million. This was driven by increasing demand for its popular Nitro Productivity…