Compuware Sets New 52-Week Low at $8.94 (CPWR)
Compuware (NASDAQ:CPWR)’s share price hit a new 52-week low during trading on Friday , AmericanBankingNews.com reports. The stock traded as low as $8.94 and last traded at $8.98, with a volume of 554,347 shares trading hands. The stock had previously closed at $9.09.
CPWR has been the subject of a number of recent research reports. Analysts at Noble Financial cut their price target on shares of Compuware from $11.60 to $0.90 in a research note on Thursday, July 31st. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Compuware in a research note on Monday, July 28th. They now have a $10.00 price target on the stock.
The stock’s 50-day moving average is $9.48 and its 200-day moving average is $10.07. The company has a market cap of $1.983 billion and a P/E ratio of 32.58.
Compuware (NASDAQ:CPWR) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The company had revenue of $164.50 million for the quarter, compared to the consensus estimate of $165.60 million. During the same quarter in the previous year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. On average, analysts predict that Compuware will post $0.44 earnings per share for the current fiscal year.
Compuware Corporation delivers services , software and practices that enables technologies to perform at their peak.
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