Currently, the stock price of Cognizant Technology Solutions Corp (CTSH) is $69.9. In the most recent trading session, the stock underwent a significant upswing, peaking at $103.0 after opening at $69.9. The stock touched a low of $75.0 before closing at $71.26.
Cognizant Technology Solutions Corp had a pretty Dodgy run when it comes to the market performance.
52-week price history of CTSH Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Cognizant Technology Solutions Corp’s current trading price is -23.03% away from its 52-week high, while its distance from the 52-week low is 6.68%. The stock’s price range for this period has remained between $65.52 and $90.82. The Technology sector company’s shares managed to surpass a trading volume of around 5.37 million for the day, which was noticeably higher compared to the shares’ average daily volume of 3.56 million over the last three months.
Financial Performance and Market Capitalization
Cognizant Technology Solutions Corp (CTSH) has experienced a quarterly decline of -10.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 34.14B and boasts a workforce of 336800 employees.
Analysts’ Ratings For Cognizant Technology Solutions Corp
As of right now, 6 analysts are rating Cognizant Technology Solutions Corp as a BUY, 4 of the polled analysts branded the stock as an OVERWEIGHT, 15 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 76.67, with a change in price of -9.60. Similarly, Cognizant Technology Solutions Corp recorded 3,849,406 in trading volume during the last 100 days, posting a change of -12.07%.
CTSH 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 CTSH stands at 0.08. Similarly, the long-term debt-to-equity ratio is also 0.06.
CTSH Stock Stochastic Average
As of today, the raw stochastic average of Cognizant Technology Solutions Corp over the past 50 days is 1.18%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 1.24%. Additionally, the Stochastic %K and %D values for the company were 5.72% and 5.37%, respectively, over the past 20 days.
CTSH Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -8.40%. However, over the past six months, we’ve seen a stronger performance of -15.68%. The price of CTSH leaped by -13.12% over the last 30 days. And in the last five days, it has fallen by -6.69%.
