Let’s look at the key reasons that are pushing DXC Technology Co (DXC) to new highs

DXC Technology Co (NYSE: DXC) on Tuesday, soared 1.70% from the previous trading day, before settling in for the closing price of $17.05. Within the past 52 weeks, DXC’s price has moved between $14.78 and $24.83.

During the last 5-year period, the sales drop of Technology Sector giant was -8.57%. The company achieved an average annual earnings per share of 6.93%. With a float of $178.05 million, this company’s outstanding shares have now reached $181.04 million.

Let’s determine the extent of company efficiency that accounts for 130000 employees. In terms of profitability, gross margin is 18.77%, operating margin of 4.75%, and the pretax margin is -0.13%.

DXC Technology Co (DXC) Breakdown of a Key Holders of the stock

Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of DXC Technology Co is 1.66%, while institutional ownership is 92.41%. The most recent insider transaction that took place on Nov 12 ’24, was worth 295,066. In this transaction EVP, Chief People Officer of this company sold 12,885 shares at a rate of $22.90, taking the stock ownership to the 312,780 shares. Before that another transaction happened on Nov 14 ’24, when Company’s Managing Director, GIS sold 23,500 for $22.10, making the entire transaction worth $519,350. This insider now owns 323,352 shares in total.

DXC Technology Co (DXC) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 6.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.77% during the next five years compared to -36.59% drop over the previous five years of trading.

DXC Technology Co (NYSE: DXC) Trading Performance Indicators

DXC Technology Co (DXC) is currently performing well based on its current performance indicators. A quick ratio of 1.34 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.24. Likewise, its price to free cash flow for the trailing twelve months is 2.72.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.43, a number that is poised to hit 0.76 in the next quarter and is forecasted to reach 3.42 in one year’s time.

Technical Analysis of DXC Technology Co (DXC)

Looking closely at DXC Technology Co (NYSE: DXC), its last 5-days average volume was 1.43 million, which is a drop from its year-to-date volume of 1.68 million. As of the previous 9 days, the stock’s Stochastic %D was 67.29%. Additionally, its Average True Range was 0.64.

During the past 100 days, DXC Technology Co’s (DXC) raw stochastic average was set at 13.31%, which indicates a significant decrease from 68.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.25% in the past 14 days, which was lower than the 39.19% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.22, while its 200-day Moving Average is $20.05. However, in the short run, DXC Technology Co’s stock first resistance to watch stands at $17.56. Second resistance stands at $17.77. The third major resistance level sits at $18.10. If the price goes on to break the first support level at $17.02, it is likely to go to the next support level at $16.69. Now, if the price goes above the second support level, the third support stands at $16.48.

DXC Technology Co (NYSE: DXC) Key Stats

Market capitalization of the company is 3.14 billion based on 181,049K outstanding shares. Right now, sales total 13,667 M and income totals 91,000 K. The company made 3,225 M in profit during its latest quarter, and 57,000 K in sales during its previous quarter.