Computer Sciences Corporation (CSC) : During the past 4 weeks, traders have been relatively bearish on Computer Sciences Corporation (CSC), hence the stock is down -4.37% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.36% relative to the S&P 500. The 4-week change in the price of the stock is -4% and the stock has fallen -1.39% in the past 1 week.
Computer Sciences Corporation is up 31.86% in the last 3-month period. Year-to-Date the stock performance stands at 41.84%. The stock has recorded a 20-day Moving Average of 2.99% and the 50-Day Moving Average is 5.67%.
Computer Sciences Corporation (NYSE:CSC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $45.67 and $45.65 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $46.08. The buying momentum continued till the end and the stock did not give up its gains. It closed at $46.04, notching a gain of 0.61% for the day. The total traded volume was 1,597,921 . The stock had closed at $45.76 on the previous day.
Also, Morgan Stanley maintains their rating on the shares of Computer Sciences Corporation (NYSE:CSC). The current rating of the shares is Equal-weight. Equity Analysts at the Firm lowers the price target to $53 per share from $55 per share. The rating by the firm was issued on August 9, 2016.
Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through three segments: Global Business Services (GBS), which is a provider of various technology solutions, including consulting, applications services and software; Global Infrastructure Services (GIS), which provides solutions, such as managed and virtual desktop solutions, and data center management, and North American Public Sector (NPS), which delivers IT, mission and operations-related services. Its subsidiary, ServiceMesh Inc. (ServiceMesh), is a provider of enterprise cloud management software. ServiceMesh also provides various other services, such as tiered services levels, different levels of security, self-service options, governance, policy and real time monitoring. CSCs subsidiary, Fruition Partners, provides technology-enabled solutions for the service-management sector and provides support for ServiceNow-related software