SoftwareOne (OTCMKTS:SWONF) Sets New 1-Year High – What’s Next?

SoftwareOne Holding AG (OTCMKTS:SWONF)’s stock price reached a new 52-week high on Thursday . The company traded as high as $11.60 and last traded at $11.60, with a volume of 6100 shares changing hands. The stock had previously closed at $10.60.

Analysts Set New Price Targets

SWONF has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of SoftwareOne in a research note on Friday, May 22nd. BNP Paribas Exane upgraded SoftwareOne to an “outperform” rating in a research note on Monday, June 15th. UBS Group reissued a “buy” rating on shares of SoftwareOne in a report on Friday. Finally, Citigroup restated a “neutral” rating on shares of SoftwareOne in a research note on Monday, June 8th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, SoftwareOne presently has a consensus rating of “Hold”.

SoftwareOne Stock Performance

The business has a fifty day simple moving average of $10.45 and a 200 day simple moving average of $9.66. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.59.

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.