CRNC · Cerence Inc

-

Please sign in to comment on CRNC

1 Comment

Admin

4 years, 1 month ago

Cerence Inc is currently in a long term uptrend where the price is trading 19.9% above its 200 day moving average.

From a valuation standpoint, the stock is 58.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 10.4.

Cerence Inc's total revenue rose by 22.6% to $95M since the same quarter in the previous year.

Its net income has increased by 284.0% to $22M since the same quarter in the previous year.

Finally, its free cash flow grew by 44.4% to $8M since the same quarter in the previous year.

Based on the above factors, Cerence Inc gets an overall score of 5/5.

Exchange	NASDAQ
Sector	Technology
CurrencyCode	USD
ISIN	US1567271093
Industry	Software - Application

Market Cap	401M
PE Ratio	None
Target Price	11.25
Beta	2.98
Dividend Yield	None

ABOUT

Cerence Inc

Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market in the United States, rest of the Americas, Germany, rest of Europe, the Middle East, Africa, Japan, and rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant coexistence, and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence Inc. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.

CRNC · Cerence Inc

-

Cerence Inc

Earnings

Valuation

Cash Flow

Profitability

Performance

Backtest Cerence Inc using a moving average strategy