Cognizant Technology Solutions Corporation (CTSH) : During the past 4 weeks, traders have been relatively bearish on Cognizant Technology Solutions Corporation (CTSH), hence the stock is down -4.76% 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 -3.97% relative to the S&P 500. The 4-week change in the price of the stock is -6.69% and the stock has fallen -3.46% in the past 1 week.
The stock has recorded a 20-day Moving Average of 6.47% and the 50-Day Moving Average is 7.52%.The 200 Day SMA reached 9.7% Cognizant Technology Solutions Corporation has dropped 10.46% during the last 3-month period . Year-to-Date the stock performance stands at -11.16%.
Cognizant Technology Solutions Corporation (CTSH) : 16 Wall Street analysts covering Cognizant Technology Solutions Corporation (CTSH) believe that the average level the stock could reach for the short term is $66.56. The maximum price target given is $70 and the minimum target for short term is around $60, hence the standard deviation is calculated at $2.68.
For the current week, the company shares have a recommendation consensus of Buy. Cognizant Technology Solutions Corporation (NASDAQ:CTSH): stock was range-bound between the intraday low of $52.86 and the intraday high of $53.97 after having opened at $53.94 on Fridays session. The stock finally closed in the red at $53.94, a loss of -1.44%. The stock remained in the red for the whole trading day. The total traded volume was 7,785,231 shares. The stock failed to cross $53.97 in Fridays trading. The stocks closing price on Thursday was $53.32.
Cognizant Technology Solutions Corporation is a provider of information technology (IT), consulting and business process services. The Company operates in four segments: Financial Services segment, which include banking and insurance; Healthcare segment, which includes healthcare and life sciences, and Manufacturing/Retail/Logistics segment, which includes manufacturing and logistics; retail, travel and hospitality, and consumer goods and Other segment, which includes Communications, Manufacturing/Retail/Logistics, and High Technology. The Companies competencies include business, process, operations and IT consulting, application development and systems integration, enterprise information management (EIM), application testing, application maintenance, IT infrastructure services (IT IS) and business process services (BPS). It provides a range of consulting, information technology and outsourcing services, including consulting and technology services, and outsourcing services.