Cerence Inc (NASDAQ: CRNC) kicked off on Friday, down -5.64% from the previous trading day, before settling in for the closing price of $13.3. Over the past 52 weeks, CRNC has traded in a range of $2.56-$27.50.
While this was happening, its average annual earnings per share was recorded -68.29%. With a float of $40.30 million, this company’s outstanding shares have now reached $43.26 million.
Cerence Inc (CRNC) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Cerence Inc is 6.96%, while institutional ownership is 71.53%. The most recent insider transaction that took place on Aug 14 ’25, was worth 50,943. In this transaction EVP, Chief Revenue Officer of this company sold 4,000 shares at a rate of $12.74, taking the stock ownership to the 138,747 shares. Before that another transaction happened on Aug 14 ’25, when Company’s Officer proposed sale 4,000 for $12.74, making the entire transaction worth $50,943.
Cerence Inc (CRNC) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.07 earnings per share (EPS), higher than consensus estimate (set at -0.38) by 0.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -68.29% per share during the next fiscal year.
Cerence Inc (NASDAQ: CRNC) Trading Performance Indicators
Take a look at Cerence Inc’s (CRNC) current performance indicators. Last quarter, stock had a quick ratio of 1.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.21. Likewise, its price to free cash flow for the trailing twelve months is 13.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.66, a number that is poised to hit -0.27 in the next quarter and is forecasted to reach 0.65 in one year’s time.
Technical Analysis of Cerence Inc (CRNC)
Cerence Inc (NASDAQ: CRNC) saw its 5-day average volume 2.42 million, a negative change from its year-to-date volume of 3.43 million. As of the previous 9 days, the stock’s Stochastic %D was 77.16%.
During the past 100 days, Cerence Inc’s (CRNC) raw stochastic average was set at 79.19%, which indicates a significant increase from 66.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.95 in the past 14 days, which was higher than the 0.70 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.57, while its 200-day Moving Average is $10.33. Nevertheless, the first resistance level for the watch stands at $13.36 in the near term. At $14.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.60. If the price goes on to break the first support level at $12.12, it is likely to go to the next support level at $11.69. Assuming the price breaks the second support level, the third support level stands at $10.88.
Cerence Inc (NASDAQ: CRNC) Key Stats
The company with the Market Capitalisation of 543.66 million has total of 43,320K Shares Outstanding. Its annual sales at the moment are 331,500 K in contrast with the sum of -588,080 K annual income. Company’s last quarter sales were recorded 62,240 K and last quarter income was -2,720 K.
