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

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

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Analysis on SWONF

SoftwareONE Stock Performance

The business’s fifty day moving average price is $10.22 and its 200 day moving average price is $16.12.

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.

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