A new trading day began on Friday, with Cerence Inc (NASDAQ: CRNC) stock price up 6.13% from the previous day of trading, before settling in for the closing price of $10.44. CRNC’s price has ranged from $5.94 to $27.50 over the past 52 weeks.
Annual sales at Technology sector company grew by 2.93% over the past five years. Meanwhile, its annual earnings per share averaged 13.32%. With a float of $41.00 million, this company’s outstanding shares have now reached $43.37 million.
Cerence Inc (CRNC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Cerence Inc is 6.32%, while institutional ownership is 68.27%. The most recent insider transaction that took place on Oct 09 ’25, was worth 1,513,381. In this transaction Chief Executive Officer of this company sold 132,075 shares at a rate of $11.46, taking the stock ownership to the 905,987 shares. Before that another transaction happened on Oct 07 ’25, when Company’s EVP Chief Admin Officer sold 77,994 for $12.31, making the entire transaction worth $960,278. This insider now owns 346,289 shares in total.
Cerence Inc (CRNC) Latest Financial update
In its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.03 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -9.82% during the next five years compared to 2.93% growth over the previous five years of trading.
Cerence Inc (NASDAQ: CRNC) Trading Performance Indicators
Here are Cerence Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.98. Likewise, its price to free cash flow for the trailing twelve months is 10.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.48, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 0.83 in one year’s time.
Technical Analysis of Cerence Inc (CRNC)
Cerence Inc (NASDAQ: CRNC) saw its 5-day average volume 1.61 million, a negative change from its year-to-date volume of 3.16 million. As of the previous 9 days, the stock’s Stochastic %D was 69.08%.
During the past 100 days, Cerence Inc’s (CRNC) raw stochastic average was set at 56.70%, which indicates a significant decrease from 78.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.69 in the past 14 days, which was lower than the 0.72 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.94, while its 200-day Moving Average is $9.98. Nevertheless, the first resistance level for the watch stands at $11.31 in the near term. At $11.53, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.99. If the price goes on to break the first support level at $10.63, it is likely to go to the next support level at $10.17. The third support level lies at $9.95 if the price breaches the second support level.
Cerence Inc (NASDAQ: CRNC) Key Stats
With a market capitalization of 497.92 million, the company has a total of 44,939K Shares Outstanding. Currently, annual sales are 251,780 K while annual income is -18,710 K. The company’s previous quarter sales were 60,640 K while its latest quarter income was -13,360 K.
