Cognizant's most recent trend suggests a bullish bias. One trading opportunity on Cognizant is a Bull Put Spread using a strike $73.00 short put and a strike $68.00 long put offers a potential 6.38% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $73.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $68.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Cognizant is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Cognizant is bullish.
The RSI indicator is at 61.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Cognizant
6 Companies Growing Earnings Per Share
Thu, 04 Apr 2019 19:37:01 +0000
According to the GuruFocus All-in-One Screener, the following companies are trading at a discount and have positive three- to five-year future earnings estimates. Warning! GuruFocus has detected 4 Warning Signs with SLB. The discounted cash flow calculator gives the stock a fair value of $16.47 per share, suggesting it is overpriced by 172%.
Cognizant Digitally Transforms the Clinical Trial Protocol Process
Tue, 02 Apr 2019 10:00:00 +0000
TEANECK, N.J., April 2, 2019 /PRNewswire/ — Cognizant (CTSH) has introduced Cognizant Protocol Creator, a SaaS collaboration product that automates the development of clinical trial protocol documentation. A first for the life sciences industry, Protocol Creator enables clinical teams to create and review protocol documentation in a purpose-built collaborative environment. Taking a design-thinking approach to the development of Protocol Creator, Cognizant embedded itself with medical writing and clinical trial teams to learn about and address their challenges. With a goal of getting a protocol to submission faster, Protocol Creator generates clinical trial documentation as a structured document.
Is Cognizant Technology Solutions Corp (CTSH) A Good Stock To Buy?
Thu, 28 Mar 2019 12:53:45 +0000
Before we spend days researching a stock idea we'd like to take a look at how hedge funds and billionaire investors recently traded that stock. S&P 500 Index ETF (SPY) lost 13.5% in the fourth quarter. Seven out of 11 industry groups in the S&P 500 Index were down more than 20% from their 52-week […]
See what the IHS Markit Score report has to say about Cognizant Technology Solutions Corp.
Thu, 28 Mar 2019 12:04:58 +0000
Cognizant Technology Solutions Corp NASDAQ/NGS:CTSHView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for CTSH with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CTSH. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold CTSH had net inflows of $9.58 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Cognizant Named a Leader in Gartner's Magic Quadrant for Managed Workplace Services, North America
Thu, 28 Mar 2019 10:00:00 +0000
Report Recognizes Cognizant for its WorkNEXT™ Solutions Based on Ability to Execute and Completeness of Vision TEANECK, N.J. , March 28, 2019 /PRNewswire/ — Cognizant (Nasdaq: CTSH) has been named a …
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