Cerner Corporation (CERN) is priced at $94.20 after the most recent trading session. At the very opening of the session, the stock price was $93.98 and reached a high price of $94.22, prior to closing the session it reached the value of $93.99. The stock touched a low price of $93.79.Recently in News on May 10, 2022, Expiration Date of Tender Offer for Cerner Corporation Shares Extended to June 6, 2022. Oracle Corporation (NYSE: ORCL) (“Oracle”) announced today that it has extended its tender offer in connection with the acquisition of Cerner Corporation (Nasdaq: CERN) (“Cerner”) until June 6, 2022. You can read further details here
Cerner Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $94.46 on 05/04/22, with the lowest value was $90.93 for the same time period, recorded on 01/26/22.
Cerner Corporation (CERN) full year performance was 22.54%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Cerner Corporation shares are logging -0.28% during the 52-week period from high price, and 36.36% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $69.08 and $94.46.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 2719116 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Cerner Corporation (CERN) recorded performance in the market was 1.43%, having the revenues showcasing 2.17% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 27.74B, as it employees total of 25150 workers.
Analysts verdict on Cerner Corporation (CERN)
During the last month, 1 analysts gave the Cerner Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 92.84, with a change in the price was noted +4.43. In a similar fashion, Cerner Corporation posted a movement of +4.93% for the period of last 100 days, recording 4,241,495 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CERN is recording 0.41 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.41.
Cerner Corporation (CERN): Technical Analysis
Raw Stochastic average of Cerner Corporation in the period of last 50 days is set at 82.89%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 80.15%. In the last 20 days, the company’s Stochastic %K was 73.40% and its Stochastic %D was recorded 66.17%.
Let’s take a glance in the erstwhile performances of Cerner Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 1.43%. Additionally, trading for the stock in the period of the last six months notably improved by 26.68%, alongside a boost of 22.54% for the period of the last 12 months. The shares 0.08% in the 7-day charts and went down by 0.91% in the period of the last 30 days. Common stock shares were driven by 2.17% during last recorded quarter.