SoftwareOne (OTCMKTS:SWONF) Shares Gap Down - Here's What Happened

Key Points

• SoftwareOne's stock price gapped down from $8.20 to $7.70 before market opening, representing a drop of 6.1%.
• The company has a current ratio of 0.95 and a low debt-to-equity ratio of 0.05, indicating a stable financial position.
• SoftwareOne specializes in software and cloud solutions across various global markets, targeting large enterprises and public sector organizations.

SoftwareOne Holding AG (OTCMKTS:SWONF - )'s share price gapped down before the market opened on Tuesday . The stock had previously closed at $8.20, but opened at $7.70. SoftwareOne shares last traded at $7.70, with a volume of 280 shares.

SoftwareOne Trading Down 6.1%

The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.05. The business's 50 day moving average price is $9.13 and its 200-day moving average price is $7.72.

About SoftwareOne

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.

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