The stock of DXC Technology Company (DXC) has seen a -14.89% decrease in the past week, with a -21.29% drop in the past month, and a -14.54% decrease in the past quarter. The volatility ratio for the week is 3.85%, and the volatility levels for the past 30 days are at 3.01% for DXC. The simple moving average for the last 20 days is -15.52% for DXC stock, with a simple moving average of -17.79% for the last 200 days.
Is It Worth Investing in DXC Technology Company (NYSE: DXC) Right Now?
DXC Technology Company (NYSE: DXC) has a higher price-to-earnings ratio of 7.95x compared to its average ratio,, and the 36-month beta value for DXC is at 1.98. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 0 rating it as “overweight,” 7 as “hold,” and 1 as “sell.”
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The average price suggested by analysts for DXC is $32.17, which is $8.9 above the current market price. The public float for DXC is 226.41M, and currently, shorts hold a 3.36% of that float. The average trading volume for DXC on March 16, 2023 was 1.56M shares.
DXC) stock’s latest price update
DXC Technology Company (NYSE: DXC)’s stock price has decreased by -5.09 compared to its previous closing price of 24.58. Nevertheless, the company has seen a loss of -14.89% in its stock price over the last five trading days. Barron’s reported on 10/04/22 that DXC Stock Surges on News of Potential Sale
Analysts’ Opinion of DXC
The stock of DXC Technology Company (DXC) has seen a -14.89% decrease in the past week, with a -21.29% drop in the past month, and a -14.54% decrease in the past quarter. The volatility ratio for the week is 3.85%, and the volatility levels for the past 30 days are at 3.01% for DXC. The simple moving average for the last 20 days is -15.52% for DXC stock, with a simple moving average of -17.79% for the last 200 days.
Analysts’ Opinion of DXC
Many brokerage firms have already submitted their reports for DXC stocks, with MoffettNathanson repeating the rating for DXC by listing it as a “Underperform.” The predicted price for DXC in the upcoming period, according to MoffettNathanson is $28 based on the research report published on January 19th of the current year 2023.
JP Morgan, on the other hand, stated in their research note that they expect to see DXC reach a price target of $33, previously predicting the price at $31. The rating they have provided for DXC stocks is “Neutral” according to the report published on December 15th, 2022.
Susquehanna gave a rating of “Neutral” to DXC, setting the target price at $31 in the report published on September 16th of the previous year.
DXC Trading at -17.00% from the 50-Day Moving Average
After a stumble in the market that brought DXC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.19% of loss for the given period.
Volatility was left at 3.01%, however, over the last 30 days, the volatility rate increased by 3.85%, as shares sank -19.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.96% lower at present.
During the last 5 trading sessions, DXC fell by -14.89%, which changed the moving average for the period of 200-days by -31.70% in comparison to the 20-day moving average, which settled at $27.33. In addition, DXC Technology Company saw -11.96% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DXC starting from DECKELMAN WILLIAM L JR, who sale 33,331 shares at the price of $29.05 back on Feb 09. After this action, DECKELMAN WILLIAM L JR now owns 157,128 shares of DXC Technology Company, valued at $968,282 using the latest closing price.
FERNANDEZ RAUL J, the Director of DXC Technology Company, sale 5,000 shares at $29.75 during a trade that took place back on Nov 23, which means that FERNANDEZ RAUL J is holding 47,092 shares at $148,750 based on the most recent closing price.
Stock Fundamentals for DXC
Current profitability levels for the company are sitting at:
- +2.97 for the present operating margin
- +10.94 for the gross margin
The net margin for DXC Technology Company stands at +4.41. Equity return is now at value 15.10, with 3.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.
Conclusion
In conclusion, DXC Technology Company (DXC) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
