SoftwareOne (OTCMKTS:SWONF) Shares Gap Up – Time to Buy?

SoftwareOne Holding AG (OTCMKTS:SWONF) gapped up before the market opened on Wednesday . The stock had previously closed at $10.60, but opened at $11.32. SoftwareOne shares last traded at $11.32, with a volume of 6,000 shares traded.

Analysts Set New Price Targets

Several equities analysts have recently commented on SWONF shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of SoftwareOne in a research report on Friday, May 22nd. Citigroup reaffirmed a “neutral” rating on shares of SoftwareOne in a research note on Monday, June 8th. Finally, BNP Paribas Exane upgraded shares of SoftwareOne to an “outperform” rating in a report on Monday, June 15th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

SoftwareOne Stock Performance

The company’s 50-day moving average is $10.42 and its 200-day moving average is $9.62. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.59.

About SoftwareOne

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.