DXC Technology Company (NYSE:DXC) finished Thursday with a subtraction of -$1.7 to close at $24.60, a downside of -6.46 percent. An average of 4,967,730 shares of common stock have been traded in the last five days. There was a fall of -$2.39 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 3,975,038 shares traded, while the 50-day average volume stands at 2,530,195.
DXC stock has increased by 4.74% in the last month. The company shares reached their 1-month lowest point of $23.99 on 08/29/22. With the stock rallying to its 52-week high on 02/09/22, shares of the company touched a low of $23.99 and a high of $39.65 in 52 weeks. It has reached a new high 8 times so far this year and lost -18.30% or -$7.54 in price. In spite of this, the price is down -37.96% from the 52-week high.
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228 days have passed since DXC Technology Company (DXC) last reported insider trading activity. DECKELMAN WILLIAM L JR, who is EVP & General Counsel, most recently acquired $53,831 shares at $36.68 per share on Feb 07.
DXC Technology Company (DXC) has a trailing price-to-earnings (P/E) ratio of 11.92. The stock’s beta is 2.05. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.39, the price-to-book (PB) ratio at 1.29, and the price-to-cash flow ratio at 4.18.
The quick ratio of DXC Technology Company for the three months ended June 29 was 1.10, and the current ratio was 1.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.82 and a total debt to equity ratio of 1.01 for the quarter ending June 29. Its gross profit as reported stood at $3.58 billion compared to revenue of $16.27 billion.
For the three-month period that ended June 29, DXC Technology Company had $3.87 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $102.0 million in the quarter, while revenues were shrunk -172.55%. The analyst consensus anticipated DXC Technology Company’s latest quarter earnings to come in at $0.82 per share, but it turned out to be $0.75, a -8.50% surprise. For the quarter, EBITDA amounted to $437.0 million. Shareholders own equity worth $229.88 million.
From a technical analysis perspective, let’s take a brief look at DXC Technology Company (DXC) price momentum. RSI 9-day as of the close on 22 September was 33.85%, suggesting the stock is Neutral, with historical volatility in this time frame at 45.12%.
As of today, DXC’s price is $26.66 -8.84% or -$2.39 from its 5-day moving average. DXC is currently trading -3.60% lower than its 20-day SMA and -16.07% lower than its 100-day SMA. However, the stock’s current price level is -11.81% below the SMA50 and -21.62% below the SMA200.
The stochastic %K and %D were 42.96% and 50.07%, respectively, and the average true range (ATR) was 1.50. With the 14-day stochastic at 0.00% and the average true range at 1.38, the RSI (14) stands at 38.51%. The stock has reached -0.80 on the 9-day MACD Oscillator while the 14-day reading was at -0.80.
Susquehanna downgraded DXC Technology Company (NYSE: DXC) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Positive. The consensus rating for DXC Technology Company (DXC) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell DXC, while 6 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 5 others rate it as a “buy”.
What is DXC’s price target for the next 12 months?
Analysts predict a range of price targets between $27.00 and $48.00, with a median target of $33.50. Taking a look at these predictions, the average price target given by analysts for DXC Technology Company (DXC) stock is $34.67.