Constellation Software (OTCMKTS:CNSWF) Trading Up 4.4% – Time to Buy?

Constellation Software Inc. (OTCMKTS:CNSWF)’s share price shot up 4.4% during trading on Tuesday . The company traded as high as $1,963.0050 and last traded at $1,961.6518. 1,872 shares were traded during trading, a decline of 87% from the average session volume of 14,647 shares. The stock had previously closed at $1,878.5590.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on CNSWF shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Constellation Software in a research report on Friday, January 16th. Zacks Research lowered shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Constellation Software Price Performance

The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 1.01. The stock has a fifty day moving average of $2,012.44 and a two-hundred day moving average of $2,481.17.

About Constellation Software

Constellation Software is a diversified software company that acquires, manages and builds mission-critical software businesses serving a wide range of specialized industries. Its primary focus is on vertical market software, delivering tailored solutions for sectors such as public transit, healthcare, utilities, construction and hospitality. Through its decentralized operating model, Constellation harnesses the expertise of individual business units to develop, implement and support software products that address specific customer needs.

Founded in 1995 by Mark Leonard and headquartered in Toronto, Canada, Constellation Software has grown organically and through strategic acquisitions.