Conduent Inc (NASDAQ: CNDT) kicked off on Tuesday, down -0.52% from the previous trading day, before settling in for the closing price of $3.85. Over the past 52 weeks, CNDT has traded in a range of $2.95-$4.38.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales drop of Technology Sector giant was -6.97%. While this was happening, its average annual earnings per share was recorded -1100.00%. With a float of $143.06 million, this company’s outstanding shares have now reached $211.51 million.
Let’s determine the extent of company efficiency that accounts for 59000 employees. In terms of profitability, gross margin is 13.65%, operating margin of 0.37%, and the pretax margin is 16.59%.
Conduent Inc (CNDT) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of Conduent Inc is 10.52%, while institutional ownership is 72.07%. The most recent insider transaction that took place on Jun 08 ’24, was worth 132,378,196. In this transaction 10% Owner of this company sold 38,149,336 shares at a rate of $3.47, taking the stock ownership to the 0 shares.
Conduent Inc (CNDT) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1100.00% per share during the next fiscal year.
Conduent Inc (NASDAQ: CNDT) Trading Performance Indicators
Take a look at Conduent Inc’s (CNDT) current performance indicators. Last quarter, stock had a quick ratio of 1.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.26, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Conduent Inc (CNDT)
Looking closely at Conduent Inc (NASDAQ: CNDT), its last 5-days average volume was 1.0 million, which is a drop from its year-to-date volume of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 39.60%. Additionally, its Average True Range was 0.18.
During the past 100 days, Conduent Inc’s (CNDT) raw stochastic average was set at 60.29%, which indicates a significant increase from 39.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.33% in the past 14 days, which was lower than the 52.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.87, while its 200-day Moving Average is $3.58. However, in the short run, Conduent Inc’s stock first resistance to watch stands at $3.86. Second resistance stands at $3.90. The third major resistance level sits at $3.93. If the price goes on to break the first support level at $3.80, it is likely to go to the next support level at $3.77. Should the price break the second support level, the third support level stands at $3.74.
Conduent Inc (NASDAQ: CNDT) Key Stats
The company with the Market Capitalisation of 612.37 million has total of 159,890K Shares Outstanding. Its annual sales at the moment are 3,722 M in contrast with the sum of -296,000 K annual income. Company’s last quarter sales were recorded 807,000 K and last quarter income was 123,000 K.
