How Does Cognizant Technology Solutions Corporation (CTSH) Stack Up Right Now?

Cognizant Technology Solutions Corporation (CTSH) is an interesting player in the Technology space, with a focus on Business Software & Services. The stock has been active on the tape, currently trading at $73.37, up from yesterday’s close by 0.10%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Cognizant Technology Solutions Corporation (CTSH) currently trades with a market capitalization of $43.29 Billion. That value represents a market adjusting for revenues that have been growing by 9.06 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $1.88 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.97 on a per share basis this quarter. Perhaps, that suggests something about why 0.51% of the outstanding share supply is held by institutional investors.



Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Cognizant Technology Solutions Corporation recorded a 52-week high of $76.51. It is now trading 3.14% off that level. The stock is trading $72.74 its 50-day moving average by -0.63000000000001%. The stock carved out a 52-week low down at $51.52.

In recent action, Cognizant Technology Solutions Corporation (CTSH) has made a move of +2.46% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 20.9, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.67% with $586.32 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CTSH.

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