Convergys Corporation s trend and data analysis indicates that the stock price has dropped -14.55% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -30.47% . Looking at the past 52 week period, the stock price is down -21.17% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Convergys Corporation has a negative value of -6.34 compared to overall market performance.Convergys Corporation is having a Relative Strength Index of 29.29 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Convergys Corporation (NYSE:CVG) rallied by 0.05% during the past week but lost 13.81% on a 4-week basis. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.19%. Convergys Corporation (NYSE:CVG) has underperformed the index by 14.8% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company shares have received an average consensus rating of Hold for the current week Convergys Corporation (NYSE:CVG) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.21 points or 0.98% at $21.15 with 1,546,742 shares getting traded. Post opening the session at $21.33, the shares hit an intraday low of $21.03 and an intraday high of $21.4 and the price was in this range throughout the day. The company has a market cap of $1,998 million and the number of outstanding shares has been calculated to be 94,461,542 shares. The 52-week high of Convergys Corporation (NYSE:CVG) is $30.92 and the 52-week low is $20.925.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Convergys Corp was Downgraded by SunTrust to Hold on Feb 15, 2017.
Company has reported several Insider transactions to the SEC, on Mar 8, 2017, Andrea J. Ayers (President & CEO) sold 30,000 shares at 21.24 per share price.On Nov 18, 2016, Jarrod B Pontius (General Counsel CAO) sold 1,111 shares at 24.50 per share price.On Sep 13, 2016, Andre S Valentine (Chief Financial Officer) sold 9,000 shares at 29.56 per share price.
Convergys Corp Last issued its quarterly earnings results on Feb 22, 2017. The company reported $0.47 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.48. The company had revenue of $757.90 million for the quarter, compared to analysts expectations of $766.30 million. The companys revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.
Convergys Corp. is one of the global leaders in the provision of outsourced, integrated billing and customer care services. It focuses on developing long-term strategic relationships with clients in customer-intensive industries including telecommunications, cable, broadband, satellite broadcasting, Internet services, technology and financial services. The company serves its clients through its two operating units: the Information Management Group; and the Customer Management Group.