Is Conduent Inc (NASDAQ: CNDT) No Longer A Good Investment?

After Hours

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.

Stocks Info

CNDT belongs to the Technology sector of the NASDAQ while operating in the Information Technology Services industry. The current market capitalization of Conduent Inc is $356.02M. A total of 2.03 million shares were traded on the day, compared to an average of 1.21M shares.

In the most recent transaction, ICAHN CARL C sold 38,149,336 shares of CNDT for 3.47 per share on Jun 08 ’24. After the transaction, the 10% Owner now owns 0 company shares.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CNDT has a high of $4.90 and a low of $1.90.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CNDT’s latest balance sheet shows that the firm has $415.00M in Cash & Short Term Investments as of fiscal 2021. There were $1.67B in debt and $1.02B in liabilities at the time. Its Book Value Per Share was $4.94, while its Total Shareholder’s Equity was $1.13B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 CNDT is Buy with a score of 5.00.

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