SoftwareOne (OTCMKTS:SWONF) Shares Gap Up - Should You Buy?

Key Points

• SoftwareOne shares opened at $10.46 after previously closing at $9.93, indicating a significant gap up in price.
• Analysts have given SoftwareOne a consensus rating of "Hold", with Citigroup restating a neutral rating.
• The company is involved in providing software and cloud solutions across various regions including Europe, the Middle East, Africa, and the Americas.

SoftwareOne Holding AG (OTCMKTS:SWONF - Get Free Report)'s share price gapped up before the market opened on Wednesday . The stock had previously closed at $9.93, but opened at $10.46. SoftwareOne shares last traded at $10.46, with a volume of 250 shares.

Analyst Ratings Changes

Separately, Citigroup restated a "neutral" rating on shares of SoftwareOne in a research note on Tuesday, September 2nd. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".

SoftwareOne Stock Performance

The stock has a 50 day simple moving average of $9.01 and a 200 day simple moving average of $8.30. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.95 and a current ratio of 0.95.

SoftwareOne Company Profile

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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