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Are you willing to Put your Money on the stock? Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Cognizant Technology Solutions Corporation (NASDAQ:CTSH), closed the last trading session at $70.93 with decrease of $-0.279999999999987 or -0.39 percent against the opening price of $71.21. The trading day volume of the company stands at 2.58 Million shares while the average trading volume of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is 3.78 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 584.64 Million.

The price target of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is currently set at 83.1 by the analysts. The stock is $-16.65 Below its 1-Year High which is $85.10. CTSH hit its 1-Year low price of $59.47. The company is currently rated by analyst who are keeping a close eye on the stock as 2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

The value of the stock decreased by -1.94% during the previous week performance. Looking at the 1 month performance of Cognizant Technology Solutions Corporation (NASDAQ:CTSH), the stock dipped -3.43%. While the 1 year performance shows a negative percentage of -15.35 and year to date performance stands at 11.74%.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Analytical Review

The stock needs to grow about $12.17 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -1.59%, 2.07% and -3.26 percent respectively. The stock trades about 0.95 percent of its Float giving its total shares Outstanding are 584.64 Million. CTSH gained about -7.41 percent in 6 months showing its Average True Range of 1.24. The company currently has a RSI and Beta of 49.64 and 0.96.

While talking about Cognizant Technology Solutions Corporation (NASDAQ:CTSH) valuation ratios, the stock trades with a P/S and P/B of 2.57 and 3.58 which is significantly better and attractive as compared to its peers.