With lower volumes and trade I think the market will be expecting WTC to grow customer base and speed up transition from legacy systems to cargowise. Something they have been very successful in doing in past downtowns. RW has been very vocal in the past about how downturns present an opportunity for these companies to focus on change, something they can't do when busy.
So even a downturn in volumes and lower rev, newer customers and faster uptake will position them a lot better on the upturn.
let's see if WTC and RW can pull it off this time.
WTC Price at posting:
$84.45 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)