SoftwareOne (OTCMKTS:SWONF) Reaches New 52-Week High – Still a Buy?

SoftwareOne Holding AG (OTCMKTS:SWONF)’s share price reached a new 52-week high on Thursday . The stock traded as high as $11.9645 and last traded at $11.70, with a volume of 7600 shares traded. The stock had previously closed at $11.60.

Analysts Set New Price Targets

Several analysts have recently issued reports on SWONF shares. Citigroup reissued a “neutral” rating on shares of SoftwareOne in a research report on Monday, June 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of SoftwareOne in a research note on Friday, May 22nd. UBS Group restated a “buy” rating on shares of SoftwareOne in a research report on Friday, August 28th. Finally, BNP Paribas Exane raised shares of SoftwareOne to an “outperform” rating in a research note on Monday, June 15th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

SoftwareOne Price Performance

The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.59. The stock has a fifty day simple moving average of $10.56 and a 200 day simple moving average of $9.71.

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.