Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Conduent Inc’s current trading price is -13.33% away from its 52-week high, while its distance from the 52-week low is 51.67%. The stock’s price range over this period has fluctuated between $2.40 and $4.20. The company, operating within the financial sector, had a trading volume of approximately 1.46 million for the day, which was noticeably higher than the average daily share volume of 1.25 million over the last 3 months.
The market performance of Conduent Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $4.20 on 07/31/24, while the lowest value for the same duration was $2.40 on 11/10/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Conduent Inc (CNDT) has experienced a quarterly rise of 4.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 591.14M and boasts a workforce of 59000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.47, with a change in price of +0.42. Similarly, Conduent Inc recorded 1,154,020 in trading volume during the last 100 days, posting a change of +13.04%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CNDT stands at 1.14. Similarly, the long-term debt-to-equity ratio is also 1.04.
CNDT Stock Stochastic Average
Today, Conduent Inc’s raw stochastic average for the past 50 days stands at 54.29%, indicating a rise from the raw stochastic average of the last 20 days, which was 53.53%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 35.82% and 30.38% respectively.
CNDT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -0.27%. However, over the past six months, we’ve seen a weaker performance of 4.00%. The price of CNDT leaped by -10.57% over the last 30 days. And in the last five days, it has surged by 9.64%.
