Concentrix Corp (CNXC) is -27.91% away from 50-day simple Moving Average despite all headwinds

Shaun Noe

On Friday, Concentrix Corp (NASDAQ: CNXC) opened lower -5.11% from the last session, before settling in for the closing price of $36.63. Price fluctuations for CNXC have ranged from $36.28 to $66.00 over the past 52 weeks.

A company in the Technology sector has jumped its sales by 10.35% annually for the last half of the decade. Company’s average yearly earnings per share was noted 0.57% at the time writing. With a float of $43.52 million, this company’s outstanding shares have now reached $62.21 million.

Concentrix Corp (CNXC) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Information Technology Services industry is another important factor to consider. The insider ownership of Concentrix Corp is 30.09%, while institutional ownership is 84.98%. The most recent insider transaction that took place on Oct 31 ’25, was worth 40,000. In this transaction President and CEO of this company bought 1,000 shares at a rate of $40.00, taking the stock ownership to the 287,661 shares. Before that another transaction happened on Oct 30 ’25, when Company’s President and CEO bought 2,000 for $42.03, making the entire transaction worth $84,056. This insider now owns 286,661 shares in total.

Concentrix Corp (CNXC) Latest Financial update

If we go through the results of last quarter, which was made public on 11/30/2024, the company posted 3.26 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 3.01) by 0.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.9 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 0.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.96% during the next five years compared to 10.35% growth over the previous five years of trading.

Concentrix Corp (NASDAQ: CNXC) Trading Performance Indicators

Check out the current performance indicators for Concentrix Corp (CNXC). In the past quarter, the stock posted a quick ratio of 1.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.22. Likewise, its price to free cash flow for the trailing twelve months is 4.20.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.73, a number that is poised to hit 3.03 in the next quarter and is forecasted to reach 12.41 in one year’s time.

Technical Analysis of Concentrix Corp (CNXC)

Let’s dig in a bit further. During the last 5-days, its volume was 1.13 million. That was better than the volume of 0.81 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 3.51%.

During the past 100 days, Concentrix Corp’s (CNXC) raw stochastic average was set at 2.63%, which indicates a significant decrease from 5.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.75 in the past 14 days, which was lower than the 2.10 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $48.22, while its 200-day Moving Average is $50.69. However, in the short run, Concentrix Corp’s stock first resistance to watch stands at $36.49. Second resistance stands at $38.23. The third major resistance level sits at $39.46. If the price goes on to break the first support level at $33.52, it is likely to go to the next support level at $32.29. The third support level lies at $30.55 if the price breaches the second support level.

Concentrix Corp (NASDAQ: CNXC) Key Stats

There are currently 62,257K shares outstanding in the company with a market cap of 2.16 billion. Presently, the company’s annual sales total 9,619 M according to its annual income of 251,220 K. Last quarter, the company’s sales amounted to 2,483 M and its income totaled 88,110 K.

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