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Trading Activity Review for Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Monitoring recent stock price movement on shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) we have recorded the stock price at $63.37. Investors may be intently tracking price activity on the stock over the next few sessions, and looking for any signs of a possible shift in momentum. Let’s focus in on some historical trading information. Over the last 12 week period, the stock has moved -12.01%. Rewinding to the start of the year, we note that shares have seen a change of -0.17%. Over the past 4 weeks, shares have seen a change of 9.73%. Over the last 5 trading periods, the stock has moved 3.72%. Focusing on the important historic stock price levels can help keep the investors directed down the right path. After a recent check, we can see that the 52-week high is currently 83.32, and the 52-week low is presently 56.88.

With so many different stock trading strategies to choose from, new investors may become overwhelmed when presented with all the possible options. Some investors will choose to rely on the expertise of professionals, while others will try to have a go at it on their own. Investors who prefer to do their own research and make their own investment decisions are quite common these days. Of course there is no set in stone way to properly trade the stock market. Markets and economic situations are constantly changing. Staying on top of all the latest information and global developments can be challenging. Investors who are able to stay the course and put in the required time might be able to eventually give themselves a leg up in the future.

Looking at some analyst views on shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH), we note that the consensus target price is resting at $71.29. This is the consensus target using estimates provided by the covering analysts polled. Sell-side analysts often produce target estimates for the companies that they track closely. Price target estimates can be calculated using various methods, and this may cause some analyst estimates to be drastically different than others. Many investors will track stock target prices, especially when analysts update the target price projections.

Investors might be paying attention to what Wall Street analysts think about shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Taking a peek at the current consensus broker rating, we can see that the ABR is 2.67. This average rating is provided by Zacks Research. This simplified numeric scale spans the range of one to five which translates brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 indicates a Hold and 4-5 represents a consensus Sell rating. In terms of the number of analysts that have the stock rated as a Buy or Strong Buy, we can see that the number is currently 4.

Shifting the focus to some earnings data, we have noted that the current quarter EPS consensus estimate for Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is 0.93. This EPS estimate consists of 9 Wall Street analysts taken into consideration by Zacks Research. For the previous reporting period, the company posted a quarterly EPS of 0.91. Sell-side analysts often provide their best researched estimates at what the company will report. These estimates hold a lot of weight on Wall Street and the investing community. Sometimes these analyst projections are spot on, and other times they are off. When a company reports actual earnings results, the surprise factor can cause a stock price to fluctuate. Investors will often pay added attention to a company that has beaten estimates by a large margin.

With so many different stock trading strategies to choose from, new investors may become overwhelmed when presented with all the possible options. Some investors will choose to rely on the expertise of professionals, while others will try to have a go at it on their own. Investors who prefer to do their own research and make their own investment decisions are quite common these days. Of course there is no set in stone way to properly trade the stock market. Markets and economic situations are constantly changing. Staying on top of all the latest information and global developments can be challenging. Investors who are able to stay the course and put in the required time might be able to eventually give themselves a leg up in the future.

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