On Friday, Conduent Inc (NASDAQ: CNDT) was -3.31% drop from the session before settling in for the closing price of $3.93. A 52-week range for CNDT has been $2.96 – $4.59.
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Technology Sector giant saw their annual sales slid by -4.42% over the last five years. When this article was written, the company’s average yearly earnings per share was at -1037.50%. With a float of $143.94 million, this company’s outstanding shares have now reached $159.89 million.
The firm has a total of 59000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 13.65%, operating margin of 0.43%, and the pretax margin is 16.59%.
Conduent Inc (CNDT) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Conduent Inc stocks. The insider ownership of Conduent Inc is 9.98%, while institutional ownership is 72.15%. 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) Recent Fiscal highlights
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 -1037.50% per share during the next fiscal year.
Conduent Inc (NASDAQ: CNDT) Trading Performance Indicators
You can see what Conduent Inc (CNDT) is doing with its current performance indicators. In the most recent quarter, the stock posted 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 -0.09 in the next quarter and is forecasted to reach -0.04 in one year’s time.
Technical Analysis of Conduent Inc (CNDT)
Analysing the last 5-days average volume posted by the [Conduent Inc, CNDT], we can find that recorded value of 0.71 million was better than the volume posted last year of 0.69 million. As of the previous 9 days, the stock’s Stochastic %D was 25.37%. Additionally, its Average True Range was 0.18.
During the past 100 days, Conduent Inc’s (CNDT) raw stochastic average was set at 39.69%, which indicates a significant increase from 7.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.07% in the past 14 days, which was lower than the 47.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.00, while its 200-day Moving Average is $3.69. Now, the first resistance to watch is $3.87. This is followed by the second major resistance level at $3.93. The third major resistance level sits at $4.00. If the price goes on to break the first support level at $3.74, it is likely to go to the next support level at $3.67. Now, if the price goes above the second support level, the third support stands at $3.61.
Conduent Inc (NASDAQ: CNDT) Key Stats
There are 159,890K outstanding shares of the company, which has a market capitalization of 607.58 million. As of now, sales total 3,722 M while income totals -296,000 K. Its latest quarter income was 807,000 K while its last quarter net income were 123,000 K.
