On Tuesday, Conduent Inc (NASDAQ: CNDT) opened higher 1.29% from the last session, before settling in for the closing price of $3.87. Price fluctuations for CNDT have ranged from $2.96 to $4.59 over the past 52 weeks.
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Technology Sector giant saw their annual sales slid by -4.42% over the last five years. Company’s average yearly earnings per share was noted -1037.50% at the time writing. With a float of $143.18 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) Insider Activity
A key investor’s attitude towards the stock of the Information Technology Services industry is another important factor to consider. The insider ownership of Conduent Inc is 10.45%, while institutional ownership is 69.84%. 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
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
Check out the current performance indicators for Conduent Inc (CNDT). In the past 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 0.18.
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 0.62 million was lower than the volume posted last year of 0.64 million. As of the previous 9 days, the stock’s Stochastic %D was 24.58%. Additionally, its Average True Range was 0.15.
During the past 100 days, Conduent Inc’s (CNDT) raw stochastic average was set at 46.61%, which indicates a significant increase from 33.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.16% in the past 14 days, which was lower than the 44.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.04, while its 200-day Moving Average is $3.74. Now, the first resistance to watch is $3.97. This is followed by the second major resistance level at $4.01. The third major resistance level sits at $4.08. If the price goes on to break the first support level at $3.86, it is likely to go to the next support level at $3.79. Should the price break the second support level, the third support level stands at $3.75.
Conduent Inc (NASDAQ: CNDT) Key Stats
There are currently 159,890K shares outstanding in the company with a market cap of 626.77 million. Presently, the company’s annual sales total 3,722 M according to its annual income of -296,000 K. Last quarter, the company’s sales amounted to 807,000 K and its income totaled 123,000 K.
