For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Cerence Inc’s stock clocked out at $9.91, up 6.67% from its previous closing price of $9.29. In other words, the price has increased by $6.67 from its previous closing price. On the day, 1.87 million shares were traded.
Ratios:
To gain a deeper understanding of CRNC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.48. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 2.87.
Stock Price History:
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 10.89%, while the 200-Day Moving Average is calculated to be 37.68%.
Shares Statistics:
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 78.99% stake in the company.
