SoftwareONE (OTCMKTS:SWONF) Stock Price Down 6.4% – Here’s Why

Shares of SoftwareONE Holding AG (OTCMKTS:SWONFGet Free Report) fell 6.4% during trading on Monday . The stock traded as low as $6.55 and last traded at $6.55. 4,540 shares traded hands during mid-day trading, an increase of 31% from the average session volume of 3,465 shares. The stock had previously closed at $7.00.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on SWONF. Cantor Fitzgerald upgraded shares of SoftwareONE from a “strong sell” rating to a “hold” rating in a report on Thursday, November 14th. Citigroup raised shares of SoftwareONE to a “hold” rating in a research note on Monday, November 18th.

Check Out Our Latest Research Report on SoftwareONE

SoftwareONE Price Performance

The stock has a fifty day simple moving average of $10.64 and a two-hundred day simple moving average of $16.30.

About SoftwareONE

(Get Free Report)

SoftwareONE Holding AG provides software and cloud solutions in Switzerland, Europe, the Middle East, Africa, the United States, Canada, Latin America, and the Asia Pacific. The company develops and delivers the technology solutions that modernise applications and software in the cloud. It serves large enterprises, corporates, small and medium-sized enterprises, and public sector organizations.

Read More

Receive News & Ratings for SoftwareONE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoftwareONE and related companies with MarketBeat.com's FREE daily email newsletter.