Cognyte Software Ltd (NASDAQ:CGNT) currently has a daily average trading volume of 368.27K but it saw 1674669 shares traded in last market. With a market cap of 689.34M USD, the company’s current market price of $9.58 came falling about -12.99 while comparing to the previous closing price of $11.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.65 and as low as $6.21.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Stifel which downgraded the stock as “Hold” in its note to investors issued on September 29, 2022, recommending a price target of between $8 and $6 for it. Evercore ISI downgraded its recommendation for the stock as a “In-line” from “Outperform” on June 29, 2022 while assigning a price target range of $12-$5.
Over the week, CGNT’s stock price is moving -14.35% down while it is -3.82% when we observe its performance for the past one month. Year-to-date it is 10.75% up and over the past year, the stock is showing an upside performance of 21.88%.
Currently, Cognyte Software Ltd’s total number of outstanding shares is 72.88M. Company’s return on investment (ROI) stands at -3.49% and return on equity (ROE) at -4.06%. It has a 36.85 of forward P/E ratio. Stock’s beta reads 1.72. Stock has a price to book (P/B) ratio of 3.58 while price to sale or P/S ratio amounts to 1.90. Its return on asset (ROA) is -1.65% on average.
