As on Thursday, Conduent Inc (NASDAQ: CNDT) started slowly as it slid -1.91% to $3.60, before settling in for the price of $3.67 at the close. Taking a more long-term approach, CNDT posted a 52-week range of $2.40-$4.22.
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It was noted that the giant of the Technology sector posted annual sales growth of -6.97% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 7.35%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1200.00%. This publicly-traded company’s shares outstanding now amounts to $211.51 million, simultaneously with a float of $145.38 million. The organization now has a market capitalization sitting at $584.63 million. At the time of writing, stock’s 50-day Moving Average stood at $3.83, while the 200-day Moving Average is $3.55.
Conduent Inc (CNDT) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Information Technology Services industry. Conduent Inc’s current insider ownership accounts for 10.48%, in contrast to 69.54% institutional ownership. According to the most recent insider trade that took place on Jun 08 ’24, this organization’s 10% Owner sold 38,149,336 shares at the rate of 3.47, making the entire transaction reach 132,378,196 in total value, affecting insider ownership by 0.
Conduent Inc (CNDT) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
Conduent Inc’s EPS decrease for this current 12-month fiscal period is -1200.00% and is forecasted to reach -0.18 in the upcoming year.
Conduent Inc (NASDAQ: CNDT) Trading Performance Indicators
Let’s observe the current performance indicators for Conduent Inc (CNDT). It’s Quick Ratio in the last reported quarter now stands at 1.65. The Stock has managed to achieve an average true range (ATR) of 0.13. Alongside those numbers, its PE Ratio stands at $17.74, and its Beta score is 1.48. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.16.
In the same vein, CNDT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.20, a figure that is expected to reach -0.15 in the next quarter, and analysts are predicting that it will be -0.18 at the market close of one year from today.
Technical Analysis of Conduent Inc (CNDT)
Through scrutinizing the latest numbers posted by the [Conduent Inc, CNDT], it can be observed that its last 5-days Average volume of 1.06 million was lower the volume of 1.09 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 17.08% While, its Average True Range was 0.13.
Raw Stochastic average of Conduent Inc (CNDT) in the period of the previous 100 days is set at 50.40%, which indicates a major rise in contrast to 7.62% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 33.24% that was lower than 49.74% volatility it exhibited in the past 100-days period.
