Cerence Stock News

In the last trading session, 1.41 million shares of the Cerence Inc. (NASDAQ:CRNC) were traded. Most recently the company’s share price was $43.23, and it changed around $0.31 or 0.72% from the last close, which brings the market valuation of the company to $1.74B. CRNC currently trades at a discount to its 52-week high of … Cerence Inc. (NASDAQ: CRNC)’s Stock Market Position Could Improve In The Coming Months Read More »

Cerence Inc (CRNC) shares closed this week 27.3% lower than it did at the end of last week. The stock is currently down 42.0% year-to-date, down 65.0% over the past 12 months, and up 189.7% over the past five years. This week, the Dow Jones Industrial Average rose 0.4%, and the S&P 500 rose 0.6%. Trading Activity Shares traded as high as $64.45 and as low as $40.11 this week.Trading volume this week was 36.0% lower than the 10-day average and 7.1% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.9. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and beats it on a 5-year basis The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and beats it on a 5-year basis The company share price lags the performance of its peers in the Information Technology industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -26645.9% The company's stock price performance over the past 12 months lags the peer average by 506.7% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Cerence has had a significant shift in its management team.

Within the last quarter, Cerence (NASDAQ: CRNC ) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 5 5 1 0 Last 30D 0 1 3 1 0 1M Ago 1 0 1 0 0 2M Ago 0 1 0 0 0 3M Ago 1 3 1 0 0 These 13 analysts have an average price target of $79.15 versus the current price of Cerence at $43.018, implying upside. Below is a summary of how these 13 analysts rated Cerence over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock Full story available on Benzinga.com

Stocks that traded heavily or had substantial price changes Monday: Spirit Airlines, Tyson Foods rise; Cerence, Zimmer fall

The stock price of Cerence Inc (NASDAQ: CRNC) fell by 31.41% today. This is why it happened.

Cerence Inc. (NASDAQ:CRNC) Q1 2022 Earnings Conference Call February 7, 2022 08:30 ET Company Participants Richard Yerganian - Senior Vice President, Investor Relations Stefan Ortmanns -

The provider of AI tech for autos is having its worst day in a long time.

Cerence (CRNC) slipped 32% premarket after reporting mixed FQ1 results with FY2022 guidance cut.The company also announced retirement of CFO Mark Gallenberger on March 11, Mitch…

Full story available on Benzinga.com

Cerence (NASDAQ: CRNC ) reported its Q1 earnings results on Monday, February 7, 2022 at 07:30 AM. Here''s what investors need to know about the announcement. Earnings Cerence beat estimated earnings by 15.69%, reporting an EPS of $0.59 versus an estimate Full story available on Benzinga.com

Cerence Inc. (CRNC) CEO Stefan Ortmanns on Q1 2022 Results - Earnings Call Transcript

The provider of AI tech for autos is having its worst day in a long time.

Cerence (CRNC) delivered earnings and revenue surprises of 15.69% and 0.25%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?