Conduent Inc (NASDAQ: CNDT) kicked off on Tuesday, up 3.60% from the previous trading day, before settling in for the closing price of $2.22. Over the past 52 weeks, CNDT has traded in a range of $1.90-$4.90.
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A company in the Technology sector has dropped its sales by -5.51% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 26.80%. With a float of $144.06 million, this company’s outstanding shares have now reached $161.83 million.
In an organization with 56000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 13.53%, operating margin of -2.57%, and the pretax margin is 10.08%.
Conduent Inc (CNDT) Insider Updates
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 10.98%, while institutional ownership is 71.96%. The most recent insider transaction that took place on May 12 ’25, was worth 32,011. In this transaction EVP, Chief Financial Officer of this company bought 13,798 shares at a rate of $2.32, taking the stock ownership to the 331,168 shares. Before that another transaction happened on Jun 08 ’24, when Company’s 10% Owner sold 38,149,336 for $3.47, making the entire transaction worth $132,378,196. This insider now owns 0 shares in total.
Conduent Inc (CNDT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 26.80% 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 1.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.37, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach 0.06 in one year’s time.
Technical Analysis of Conduent Inc (CNDT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.17 million. That was better than the volume of 1.09 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.02%. Additionally, its Average True Range was 0.12.
During the past 100 days, Conduent Inc’s (CNDT) raw stochastic average was set at 13.33%, which indicates a significant decrease from 83.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.10% in the past 14 days, which was higher than the 47.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.44, while its 200-day Moving Average is $3.50. However, in the short run, Conduent Inc’s stock first resistance to watch stands at $2.34. Second resistance stands at $2.38. The third major resistance level sits at $2.44. If the price goes on to break the first support level at $2.25, it is likely to go to the next support level at $2.19. Assuming the price breaks the second support level, the third support level stands at $2.15.
Conduent Inc (NASDAQ: CNDT) Key Stats
The company with the Market Capitalisation of 372.21 million has total of 161,830K Shares Outstanding. Its annual sales at the moment are 3,356 M in contrast with the sum of 426,000 K annual income. Company’s last quarter sales were recorded 751,000 K and last quarter income was -51,000 K.
