Witnessing the stock’s movement on the chart, on Wednesday, Cerence Inc (NASDAQ: CRNC) had a quiet start as it plunged -3.55% to $7.34, before settling in for the price of $7.61 at the close. Taking a more long-term approach, CRNC posted a 52-week range of $2.34-$27.50.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 2.63%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -89.08%. This publicly-traded company’s shares outstanding now amounts to $42.99 million, simultaneously with a float of $39.95 million. The organization now has a market capitalization sitting at $317.08 million. At the time of writing, stock’s 50-day Moving Average stood at $10.39, while the 200-day Moving Average is $6.69.
Cerence Inc (CRNC) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Application industry. Cerence Inc’s current insider ownership accounts for 7.53%, in contrast to 79.42% institutional ownership. According to the most recent insider trade that took place on Feb 13 ’25, this organization’s EVP, Chief Revenue Officer sold 3,600 shares at the rate of 14.73, making the entire transaction reach 53,028 in total value, affecting insider ownership by 142,747. Preceding that transaction, on Feb 03 ’25, Company’s Director sold 5,000 for 11.68, making the whole transaction’s value amount to 58,400. This particular insider is now the holder of 173,966 in total.
Cerence Inc (CRNC) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
Cerence Inc’s EPS decrease for this current 12-month fiscal period is -89.08% and is forecasted to reach 0.36 in the upcoming year.
Cerence Inc (NASDAQ: CRNC) Trading Performance Indicators
Let’s observe the current performance indicators for Cerence Inc (CRNC). It’s Quick Ratio in the last reported quarter now stands at 1.27. The Stock has managed to achieve an average true range (ATR) of 0.85. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.30. Similarly, its price to free cash flow for trailing twelve months is now 13.54.
In the same vein, CRNC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -15.22, a figure that is expected to reach 0.30 in the next quarter, and analysts are predicting that it will be 0.36 at the market close of one year from today.
Technical Analysis of Cerence Inc (CRNC)
Going through the that latest performance of [Cerence Inc, CRNC]. Its last 5-days volume of 0.77 million was inferior to the volume of 6.03 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 65.20% While, its Average True Range was 0.80.
Raw Stochastic average of Cerence Inc (CRNC) in the period of the previous 100 days is set at 18.38%, which indicates a major fall in contrast to 54.47% 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 117.25% that was lower than 210.42% volatility it exhibited in the past 100-days period.
