Convergys Corp. Hits New 52-Week High at $24.43 (CVG)
Shares of Convergys Corp. (NYSE:CVG) hit a new 52-week high during mid-day trading on Tuesday, AnalystRatingsNetwork.com reports. The stock traded as high as $24.43 and last traded at $22.46, with a volume of 1,756,250 shares trading hands. The stock had previously closed at $20.86.
Separately, analysts at Ned Davis Research upgraded shares of Convergys Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 30th.
Convergys Corp. has a 52-week low of $15.05 and a 52-week high of $21.40. The stock’s 50-day moving average is $20.52 and its 200-day moving average is $19.28. The company has a market cap of $2.277 billion and a price-to-earnings ratio of 20.71.
Convergys Corp. (NYSE:CVG) last released its earnings data on Thursday, November 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.01. The company had revenue of $521.00 million for the quarter, compared to the consensus estimate of $524.04 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. Analysts expect that Convergys Corp. will post $1.10 EPS for the current fiscal year.
Convergys Corporation (NYSE:CVG) is engaged in customer management.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.