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Blue-chip stocks of the day: Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

The highest share price NASDAQ:CTSH shares have reached in the prior twelve months is 69.8 with the lowest being 51.22.

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Cognizant Technology Solutions Corporation has lost 0.31% in the last five trading days and dropped 1.32% in the last 4 weeks.

Redmond, Washington headquartered Microsoft Corp.’s shares rose 0.24% and finished Tuesday’s trading session at $58.20.

During the most recent trading day, the stock’s price shifted up +12.59% from its 52-week low and -17.38% lower from its 52-week high.

The Company has received rating from WSJ analysts. 4 analysts have rated the company as a “Hold”. The stock negotiated total number of 6.04 million shares as compared to 3 months average volume of 6.02 million shares. The stock has a 1-month performance of -1.42 percent and is -4.15 percent year-to-date as of the recent close.

On July 15 th, 2016, research firm Barclays downgraded the Company’s stock rating from “Overweight” to “Equal Weight”. The company has the institutional ownership of 92.00% while the Beta factor was 1.28. The stock has received “BUY” rating after consensus analysis from analysts. Furthermore, shares of Cognizant Technology Solutions, which provides information technology, consulting, and business process services worldwide, have an RSI of 45.18. The latest trading activity of 4.34 Million shares is below its average volume of 5.61 Million shares. The Company operates through four segments: Financial Services, which includes customers providing banking/transaction processing, capital markets and insurance services; Healthcare, which includes healthcare providers and payers, as well as life sciences customers, including pharmaceutical, biotech and medical device companies; Manufacturing, Retail and Logistics, which includes manufacturers, retailers, travel and other hospitality customers, as well as customers providing logistics services, and Other, which includes communications, manufacturing/retail/logistics, and high technology.

Analysts have consensus one year price target of $37.61. 2 Months Ago, shares have been suggested as “BUY” from “5” brokerage firms and recommended as “Strong Buy” by “2” brokerage firms. At present, 11 analysts recommended Holding these shares while 5 recommended sell, according to FactSet data. “0” brokerage firms have rated the company as a “Hold”.

Volatility on a weekly basis sums at 2.66% * together with the monthly volatility of 1.77% *. Cognizant Technology Solutions Corporation grasps an EPS value of 2.75 * displaying an EPS growth of 12.70% * for this year. Return on equity (ROE) was noted as 16.80% while return on investment (ROI) was 13.60%.

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The average true range of Western Digital Corporation’s (WDC) is recorded at 1.74 and the relative strength index of the stock stands 34.16.

A look at a High Market Cap Stock: Cognizant Technology Solutions Corporation, CTSH