May 26, 2022

Stock News Update: Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) stock observed trading -27.90% off 52-week high price. On the other end, the stock has been noted -4.88% away from low price over the last 52-weeks. The stock disclosed a move of -15.22% away from 50 day moving average and -14.08% away from 200 day moving average. Moving closer, we can see that shares have been trading -17.79% off 20-day moving average. It has market cap of $30.46B and dividend yield of 1.63%.

On March 09, 2020, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) notified that on March 5, 2020, Archana Deskus was appointed to its board of directors as a new independent director, effective immediately.

Ms. Deskus, 54, currently serves as Senior Vice President, Chief Information Officer for Intel Corporation. Prior to Intel, she served as chief information officer for several other global companies in the technology, industrials, energy and consumer products industries, including: HP Enterprise, an information technology company; Baker Hughes, an oilfield services company; Ingersoll Rand, an industrial manufacturing company; Timex Group USA, a watch manufacturing company; and North America HVAC, part of Carrier Corporation, a heating, air-conditioning and refrigeration solutions company.

Ms. Deskus currently serves on the board of Nasdaq-listed East West Bancorp, the holding company for East West Bank, the largest independent bank in Southern California. She also serves on the board of East West Bank.

The USA based company Cognizant Technology Solutions Corporation moved with change of -7.35% to $53.96 with the total traded volume of 7524466 shares in recent session versus to an average volume of 3.48M. The stock was observed in the 5 days activity at -12.02%. The one month performance of stock was -24.45%. CTSH’s shares are at -13.26% for the quarter and driving a -24.16% return over the course of the past year and is now at -13.00% since this point in 2018.  Right now the stock beta is 0.88. The average volatility for the week and month was at 4.55% and 3.18% respectively. There are 564.56M shares outstanding and 547.33M shares are floated in market.

Shawn Harris is a Master’s in Business Administration by education. After completing his post-graduation, Shawn jumped the journalism bandwagon as a freelance journalist. Soon after that he landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor. As an avid day trader, Shawn is a master of technical analysis and writes tirelessly on how stocks are trading. He has extensive knowledge in technical analysis & news writing.