Computer Sciences Corporation (CSC) : During the past 4 weeks, traders have been relatively bearish on Computer Sciences Corporation (CSC), hence the stock is down -4.93% 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 -3.82% relative to the S&P 500. The 4-week change in the price of the stock is -3.95% and the stock has fallen -3.77% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.59% and the 50-Day Moving Average is 5.28%. Computer Sciences Corporation (NYSE:CSC): On Fridays trading session , Opening price of the stock was $46.78 with an intraday high of $47.22. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $46.565. However, the stock managed to close at $46.69, a loss of 0.72% for the day. On the previous day, the stock had closed at $47.03. The total traded volume of the day was 1,739,886 shares.
The company Insiders own 1.53% of Computer Sciences Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -17.71% . Institutional Investors own 93.74% of Computer Sciences Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -15.93%. Also, In a research note released to the investors, Morgan Stanley maintains its rating on Computer Sciences Corporation (NYSE:CSC).The analysts at the brokerage house have a current rating of Equal-weight on the shares. In a recent information released to the investors, Morgan Stanley lowers the new price target from $55 per share to $53 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