International Game Technology PLC (NYSE:IGT) recently ticked higher on strong volume. About 2964632 contracts were traded on 15-May-19 compared to daily average volume of 2173740 shares. The first sale was made at $13.73 but later the stock became weaker, and closed with a gain of 1.3%. It was last traded at $13.98 apiece.International Game Technology PLC (IGT): Outperform Candidate With 54.79% Upside Potential
International Game Technology PLC is maintained at an average outperform rating by 10 stock analysts, and there are at least 9.08% of shares outstanding that are currently legally short sold. The shares went down by -1.27% in value last month. Year-to-date it plunged -4.44%. Analysts are turning out to be more optimistic than before, with 9 of analysts who cover International Game Technology PLC (NYSE:IGT) advice adding it to buy candidate list. Wall Street experts also assign a $21.64 price target on International Game Technology PLC, pointing towards a 54.79% rally from current levels. The stock is trading for about -54.9% less than its 52-week high.
International Game Technology PLC (IGT) remained unsuccessful in beating the consensus-estimated $0.36 as it actually earned $0.24 per share in its last reported financial results. Revenue, on the other hand, scored 9.6% growth from the previous quarter, coming up with $1.27 billion.IGT Adds 0.43% In A Week
This company shares (IGT) so far managed to recover 10.51% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 3.28% while widening the period to a month, volatility was 3%. The share price has yet to cross its 20 days moving average, floating at a distance of -1.26% and sits 0.55% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 0.43% gains and is down by -16.6% compared with its 200-day moving average of $15.31. Also, International Game Technology PLC (IGT) needs to overturn a -52.38% decrease it experienced over the past twelve months.
As regular trading ended, Cognizant Technology Solutions Corporation (CTSH) stock brought in a $0.85 rise to $58.6. The day started at a price of $57.75 but then traded as high as $58.765 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 2.6. Cognizant Technology Solutions Corporation is given 4 buy-equivalent recommendations, 0 sells and 18 holds. The company shares sank -29.69% from their peak of $83.35 and now has a $33.34 billion market value of equity.Cognizant Technology Solutions Corporation Could Grow 19.32% More
CTSH’s mean recommendation on Reuter’s scale improved from 1.94 thirty days ago to 2.65 now, which indicates a hold consensus from the analyst community. They see Cognizant Technology Solutions Corporation (CTSH) price hitting a mean target of $69.92 a share, meaning the stock still has potential that could lift the price another 19.32% . Also, the recent close suggests the stock is underpriced by 36.52% compared to the most bullish target.
The company had seen its current volume reaching at 7577680 shares in the last trade. That compares with the recent volume average of 9856859. At the close of regular trading, its last week’s stock price volatility was 2.72% which for the month reaches 2.23%. Cognizant Technology Solutions Corporation dipped to as low as $57.43 throughout the day and has returned -7.69% in this year. At one point in the past year, the shares traded as low as $56.73 but has recovered 3.3% since then. [T4]