SoftwareOne (OTCMKTS:SWONF) Shares Gap Up – Here’s What Happened

SoftwareOne Holding AG (OTCMKTS:SWONF)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $9.79, but opened at $10.30. SoftwareOne shares last traded at $10.30, with a volume of 470 shares changing hands.

Wall Street Analyst Weigh In

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

SoftwareOne Stock Up 5.2%

The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a 50-day moving average price of $10.21 and a 200-day moving average price of $9.61.

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.