SoftwareOne (OTCMKTS:SWONF) Shares Gap Down – What’s Next?

SoftwareOne Holding AG (OTCMKTS:SWONFGet Free Report)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $11.03, but opened at $9.9550. SoftwareOne shares last traded at $9.95, with a volume of 5,000 shares traded.

Analysts Set New Price Targets

Several research firms recently commented on SWONF. Citigroup reiterated a “neutral” rating on shares of SoftwareOne in a research report on Monday, June 8th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of SoftwareOne in a research report on Friday, May 22nd. Finally, BNP Paribas Exane raised shares of SoftwareOne to an “outperform” rating in a report on Monday, June 15th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Check Out Our Latest Report on SWONF

SoftwareOne Trading Up 5.2%

The firm’s 50 day moving average is $10.24 and its 200-day moving average is $9.60. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.91 and a current ratio of 0.91.

About SoftwareOne

(Get Free Report)

SoftwareOne (OTCMKTS:SWONF) is a global provider of end-to-end software and cloud portfolio solutions, helping organizations optimize their software licensing, cloud migrations and ongoing digital transformation initiatives. The company partners with leading software publishers, hyperscalers and managed service providers to deliver advisory, procurement and lifecycle management services under a unified engagement model. Its platform-agnostic approach enables clients to simplify complex licensing scenarios, reduce costs and improve governance across on-premises, cloud and hybrid environments.

Founded in 1985 in Stans, Switzerland, SoftwareOne has expanded through organic growth and strategic acquisitions to establish a presence in more than 90 countries worldwide.

Further Reading

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