Cerence Inc (NASDAQ: CRNC) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

The company is listed on the NASDAQ and operates within the Software – Application industry segment. The current market capitalization of Cerence Inc is $112.02M. A total of 1.68 million shares were traded on the day, compared to an average of 1.22M shares.

In the most recent transaction, BEAUDOIN THOMAS L sold 5,000 shares of CRNC for 3.34 per share on Sep 03 ’24. After the transaction, the Director now owns 222,457 company shares. In a previous transaction on Sep 03 ’24, THOMAS L. BEAUDOIN bought 5,000 shares at 3.34 per share.

Among the insiders who sold shares, BEAUDOIN THOMAS L disposed of 5,000 shares on Aug 01 ’24 at a per-share price of $3.15. This resulted in the Director holding 227,457 shares of CRNC after the transaction. In another insider transaction, THOMAS L. BEAUDOIN bought 5,000 shares at $3.15 per share on Aug 01 ’24.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, CRNC has a high of $21.67 and a low of $2.34.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CRNC’s latest balance sheet shows that the firm has $158.86M in Cash & Short Term Investments as of fiscal 2021. There were $288.12M in debt and $165.31M in liabilities at the time. Its Book Value Per Share was $3.69, while its Total Shareholder’s Equity was $1.03B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CRNC is Buy with a score of 3.25.

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