Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Cerence Inc (NASDAQ: CRNC) closed at $10.37 in the last session, down -2.63% from day before closing price of $10.65. In other words, the price has decreased by -$2.63 from its previous closing price. On the day, 4.74 million shares were traded. CRNC stock price reached its highest trading level at $11.92 during the session, while it also had its lowest trading level at $10.19.
Ratios:
We take a closer look at CRNC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 1.85 whereas as Long-Term Debt/Eq ratio is at 1.42.
On January 22, 2025, Needham Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $16.
Wells Fargo Downgraded its Overweight to Equal Weight on May 10, 2024, whereas the target price for the stock was revised from $25 to $6.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 09 ’25 when MR THOMAS L. BEAUDOIN bought 23,724 shares for $9.27 per share.
MR THOMAS L. BEAUDOIN bought 16,073 shares of CRNC for $149,503 on May 08 ’25. On Apr 28 ’25, another insider, MR THOMAS L. BEAUDOIN, who serves as the Former Director of the company, bought 10,000 shares for $9.40 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRNC now has a Market Capitalization of 448586496 and an Enterprise Value of 595309824. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 3.00. Its current Enterprise Value per Revenue stands at 2.341 whereas that against EBITDA is 34.182.
Stock Price History:
The Beta on a monthly basis for CRNC is 2.87, which has changed by 2.527211 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, CRNC has reached a high of $27.50, while it has fallen to a 52-week low of $2.34. The 50-Day Moving Average of the stock is 10.73%, while the 200-Day Moving Average is calculated to be 23.36%.
Shares Statistics:
According to the various share statistics, CRNC traded on average about 1.37M shares per day over the past 3-months and 2540610 shares per day over the past 10 days. A total of 43.25M shares are outstanding, with a floating share count of 40.00M. Insiders hold about 7.53% of the company’s shares, while institutions hold 76.98% stake in the company. Shares short for CRNC as of 1749772800 were 8883737 with a Short Ratio of 6.49, compared to 1747267200 on 8810899. Therefore, it implies a Short% of Shares Outstanding of 8883737 and a Short% of Float of 20.560000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
