SoftwareOne (OTCMKTS:SWONF) Shares Gap Down – Time to Sell?
by Michael Walen · The Markets DailyShares of SoftwareOne Holding AG (OTCMKTS:SWONF – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $11.1010, but opened at $10.30. SoftwareOne shares last traded at $10.30, with a volume of 1,500 shares trading hands.
Analyst Upgrades and Downgrades
SWONF has been the topic of a number of recent analyst reports. Citigroup restated a “neutral” rating on shares of SoftwareOne in a report on Friday, November 14th. Morgan Stanley downgraded SoftwareOne to an “underweight” rating in a research note on Monday. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, SoftwareOne currently has a consensus rating of “Reduce”.
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SoftwareOne Price Performance
The stock has a 50 day moving average of $10.77 and a 200 day moving average of $9.90.
SoftwareOne Company Profile
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.