SoftwareOne (OTCMKTS:SWONF) Shares Gap Down – Time to Sell?

SoftwareOne Holding AG (OTCMKTS:SWONF)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $9.40, but opened at $9.00. SoftwareOne shares last traded at $9.00, with a volume of 200 shares trading hands.

Analysts Set New Price Targets

Several research analysts recently weighed in on SWONF shares. Morgan Stanley lowered SoftwareOne to an “underweight” rating in a research report on Monday, January 12th. Citigroup restated a “neutral” rating on shares of SoftwareOne in a report on Friday, November 14th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, SoftwareOne presently has a consensus rating of “Reduce”.

SoftwareOne Stock Performance

The stock’s 50 day simple moving average is $10.51 and its 200-day simple moving average is $10.05.

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.