Constellation Software (OTCMKTS:CNSWF) Sets New 12-Month Low – Here’s What Happened

Constellation Software Inc. (OTCMKTS:CNSWF)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as $1,624.90 and last traded at $1,635.0791, with a volume of 3890 shares trading hands. The stock had previously closed at $1,710.00.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CNSWF. Desjardins upgraded Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Constellation Software in a report on Friday, January 16th. Finally, Zacks Research cut Constellation Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Constellation Software Stock Performance

The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.00 and a current ratio of 1.02. The company has a market cap of $35.85 billion, a PE ratio of 53.83 and a beta of 1.04. The company’s 50 day moving average price is $2,193.80 and its 200-day moving average price is $2,648.57.

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.