Nuance Communications, Inc. (NASDAQ:NUAN) recently ticked lower on strong volume. About 3025380 contracts were traded on 06-Mar-19 compared to daily average volume of 2188020 shares. The first sale was made at $16.6 but later the stock became weaker, and closed with a fall of -1.13%. It was last traded at $16.63 apiece.Nuance Communications, Inc. (NUAN): Outperform Candidate With 22.25% Upside Potential
Nuance Communications, Inc. is maintained at an average outperform rating by 6 stock analysts, and there are at least 2.91% of shares outstanding that are currently legally short sold. The shares went up by 3.36% in value last month. Year-to-date it jumped 25.7%. Analysts are turning out to be more optimistic than before, with 4 of analysts who cover Nuance Communications, Inc. (NASDAQ:NUAN) advice adding it to buy candidate list. Wall Street experts also assign a $20.33 price target on Nuance Communications, Inc., pointing towards a 22.25% rally from current levels. The stock is trading for about -8.48% less than its 52-week high.
Nuance Communications, Inc. (NUAN) remained successful in beating the consensus-estimated $0.28 as it actually earned $0.3 per share in its last reported financial results. Revenue, on the other hand, scored -5.87% growth from the previous quarter, coming up with $504.74 million.NUAN Retreats -1.25% In A Week
This company shares (NUAN) so far managed to recover 36.54% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 1.96% while widening the period to a month, volatility was 2.07%. The share price has already crossed its 20 days moving average, floating at a distance of 0.56% and sits 7.99% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned -1.25% losses and is up by 6% compared with its 200-day moving average of $16.15. Also, Nuance Communications, Inc. (NUAN) needs to expand a 1.65% increase it experienced over the past twelve months.Ciena Corporation (NYSE:CIEN) Consensus Call At 2.2
As regular trading ended, Ciena Corporation (CIEN) stock brought in a -$0.74 drop to $39.97. The day started at a price of $45.61 but then traded as high as $45.7 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.2. Ciena Corporation is given 4 buy-equivalent recommendations, 0 sells and 9 holds. The company shares sank -12.54% from their peak of $45.7 and now has a $6.28 billion market value of equity.Ciena Corporation Could Grow -3.68% More
CIEN’s mean recommendation on Reuter’s scale presents no change from 2.24 thirty days ago to 2.24 now, which indicates a hold consensus from the analyst community. They see Ciena Corporation (CIEN) price hitting a mean target of $38.5 a share, meaning the stock still has potential that could drag the price another -3.68% . Also, the recent close suggests the stock is underpriced by 12.58% compared to the most bullish target.Ciena Corporation (CIEN) Returns 17.87% This Year
The company had seen its current volume reaching at 5112541 shares in the last trade. That compares with the recent volume average of 4472220. At the close of regular trading, its last week’s stock price volatility was 2.78% which for the month reaches 4.87%. Ciena Corporation dipped to as low as $40.21 throughout the day and has returned 17.87% in this year. At one point in the past year, the shares traded as low as $22.99 but has recovered 73.86% since then.