Cerence Inc (NASDAQ: CRNC) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Cerence Inc is listed on the NASDAQ in the Technology sector while operating in the Software – Application industry. The current market capitalization of Cerence Inc is $352.94M. A total of 0.87 million shares were traded on the day, compared to an average of 1.98M shares.

In the most recent transaction, Mentz Christian sold 3,600 shares of CRNC for 14.73 per share on Feb 13 ’25. After the transaction, the EVP, Chief Revenue Officer now owns 142,747 company shares. In a previous transaction on Feb 03 ’25, BEAUDOIN THOMAS L sold 5,000 shares at 11.68 per share. CRNC shares that Director owns now total 173,966.

Among the insiders who bought shares, THOMAS L. BEAUDOIN acquired of 5,000 shares on Feb 03 ’25 at a per-share price of $11.68. In another insider transaction, BEAUDOIN THOMAS L sold 5,000 shares at $7.98 per share on Jan 02 ’25. Company shares held by the Director now total 178,966.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, CRNC has a high of $27.50 and a low of $2.34.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. CRNC’s latest balance sheet shows that the firm has $158.86M in Cash & Short Term Investments as of fiscal 2021. There were $288.12M in debt and $165.31M in liabilities at the time. Its Book Value Per Share was $2.81, while its Total Shareholder’s Equity was $1.03B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CRNC is Buy with a score of 3.13.

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