Cognizant Technology Solutions Corporation (NASDAQ:CTSH) traded today at a new 52-week high of $92.83. Approximately 229,000 shares have changed hands today, as compared to an average 30-day volume of 3.4 million shares.
Over the past year, Cognizant Technology Solutions Corporation has traded in a range of $66.19 to $92.83 and is now at $92.55, 40% above that low.
Cognizant is a global IT services provider, offering consulting and outsourcing services to some of the world’s largest enterprises spanning the financial services, media and communications, healthcare, natural resources, and consumer products industries. Cognizant employs nearly 300,000 people globally, roughly 70% of whom are in India, although the company’s headquarters are in Teaneck, New Jersey.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is currently priced 0.9% above its average consensus analyst price target of $91.71.
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