SoftwareOne (OTCMKTS:SWONF) Stock Price Down 2.4% – What’s Next?

SoftwareOne Holding AG (OTCMKTS:SWONF)’s stock price dropped 2.4% during trading on Friday . The stock traded as low as $9.33 and last traded at $9.33. Approximately 200 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 636 shares. The stock had previously closed at $9.56.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on SWONF shares. Morgan Stanley lowered SoftwareOne to an “underweight” rating in a report on Monday, January 12th. Citigroup reiterated a “neutral” rating on shares of SoftwareOne in a research report on Friday, November 14th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, SoftwareOne currently has an average rating of “Reduce”.

SoftwareOne Trading Down 2.4%

The stock’s 50 day moving average is $10.75 and its 200 day moving average is $10.00.

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.