Software AG (ETR:SOW)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as €34.73 ($40.38) and last traded at €34.60 ($40.23), with a volume of 22954 shares. The stock had previously closed at €34.02 ($39.56).
SOW has been the subject of a number of research reports. UBS Group set a €38.00 ($44.19) target price on Software and gave the stock a “buy” rating in a report on Thursday, February 6th. Warburg Research set a €30.00 ($34.88) target price on Software and gave the stock a “neutral” rating in a report on Wednesday, January 29th. JPMorgan Chase & Co. set a €30.00 ($34.88) target price on Software and gave the stock a “neutral” rating in a report on Tuesday, February 11th. Baader Bank set a €34.00 ($39.53) target price on Software and gave the stock a “buy” rating in a report on Wednesday, February 5th. Finally, Independent Research set a €31.00 ($36.05) target price on Software and gave the stock a “neutral” rating in a report on Friday, January 31st. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of €33.99 ($39.53).
The firm has a 50-day moving average of €32.54 and a two-hundred day moving average of €28.74. The company has a quick ratio of 1.59, a current ratio of 1.66 and a debt-to-equity ratio of 21.85. The company has a market capitalization of $2.56 billion and a PE ratio of 16.58.
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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