The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 274.01%.However, over the last six months, we can see a stronger performance of -37.21%. Over the last 30 days, the price of CRNC has fallen by 12.61%. And in the last five days, it has surged by 21.17%.
At present, Cerence Inc (CRNC) has a stock price of $10.36. In the previous session, the stock saw a rise, peaking at $16.0 after an opening price of $10.37. The day’s lowest price was $10.0, and it closed at $9.31.
Cerence Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $27.50 on 01/06/25 and the lowest value was $2.36 on 08/13/24.
52-week price history of CRNC Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Cerence Inc’s current trading price is -62.33% away from its 52-week high, while its distance from the 52-week low is 339.92%. The stock’s price range during this period has varied between$2.36 and $27.50. The Cerence Inc’s shares, which operate in the Technology, saw a trading volume of around 2.52 million for the day, a figure considerably higher than their average daily volume of 1.73 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Cerence Inc (CRNC) has experienced a quarterly rise of 4.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 448.80M and boasts a workforce of 1400 employees.
Cerence Inc: Analysts’ Ratings Unveiled
As of right now, 0 analyst is rating Cerence Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.00, with a change in price of +0.46. Similarly, Cerence Inc recorded 1,495,233 in trading volume during the last 100 days, posting a change of +4.71%.
CRNC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CRNC stands at 1.39. Similarly, the long-term debt-to-equity ratio is also 1.37.
CRNC Stock Stochastic Average
Cerence Inc’s raw stochastic average for the past 50 days is presently 56.44%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 95.63%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 71.32% and 57.90%, respectively.
