The market performance of Concentrix Corp has been somewhat stable. Over the past year, the company’s stock achieved a high of $77.00 on 08/28/24, with the lowest value for the same timeframe being $36.28, recorded on 11/19/24.
52-week price history of CNXC Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Concentrix Corp’s current trading price is -26.62% away from its 52-week high, while its distance from the 52-week low is 55.73%. The stock’s price range during this period has fluctuated between $36.28 and $77.00. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 0.88 million for the day, which was evidently higher than the average daily volume of 0.86 million over the last three months.
Financial Performance and Market Capitalization
Concentrix Corp (CNXC) has experienced a quarterly decline of -13.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.61B and boasts a workforce of 450000 employees.
Moving average and trading volume data
CNXC Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CNXC stands at 1.14. Similarly, the long-term debt-to-equity ratio is also 1.14.
CNXC Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -3.94%.However, over the last six months, we can see a weaker performance of 34.88%. Over the last 30 days, the price of CNXC has leaped by -0.96%. And in the last five days, it has surged by 12.66%.
