Software AG (OTCMKTS:STWRY)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as low as $7.05. Software shares last traded at $7.05, with a volume of 547 shares changing hands.
Several brokerages have issued reports on STWRY. Credit Suisse Group raised shares of Software from an “underperform” rating to a “neutral” rating in a research note on Friday, June 7th. DZ Bank reissued a “buy” rating on shares of Software in a research note on Friday, July 19th. Finally, Barclays raised shares of Software from an “equal weight” rating to an “overweight” rating in a research note on Monday, July 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. Software presently has a consensus rating of “Hold”.
The firm has a 50 day simple moving average of $8.05.
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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