Software AG (ETR:SOW) hit a new 52-week low during mid-day trading on Monday . The company traded as low as €24.17 ($28.10) and last traded at €24.19 ($28.13), with a volume of 35752 shares changing hands. The stock had previously closed at €24.40 ($28.37).
A number of analysts have issued reports on SOW shares. JPMorgan Chase & Co. set a €26.00 ($30.23) target price on Software and gave the company a “neutral” rating in a research report on Monday, July 22nd. Credit Suisse Group set a €32.70 ($38.02) target price on Software and gave the company a “neutral” rating in a research report on Friday, July 19th. Goldman Sachs Group set a €34.00 ($39.53) target price on Software and gave the company a “neutral” rating in a research report on Friday, July 19th. Independent Research set a €29.00 ($33.72) target price on Software and gave the company a “neutral” rating in a research report on Tuesday, July 23rd. Finally, UBS Group set a €35.00 ($40.70) target price on Software and gave the company a “buy” rating in a research report on Wednesday, July 24th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of €35.23 ($40.97).
The business has a 50-day moving average price of €26.75 and a two-hundred day moving average price of €30.23. The company has a quick ratio of 1.40, a current ratio of 1.44 and a debt-to-equity ratio of 29.64. The firm has a market cap of $1.80 billion and a PE ratio of 11.10.
Software Aktiengesellschaft provides software development, licensing, and maintenance; and information (IT) services worldwide. It operates through three segments: Digital Business Platform, Adabas & Natural, and Consulting. The company offers Adabas & Natural, a transaction processing platform that enables digital enterprises to leverage core systems in various ways; Alfabet for use in IT planning and portfolio management, as well as enterprise architecture management; Apama, a platform for streaming analytics and intelligent automated actions on fast-moving big data; and Architecture for Integrated Information Systems, a platform that makes processes transparent, controlled, manageable, and agile.
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