Nuance Communications Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

July 19, 2021 11:15:29

Nuance Communications Inc. (NASDAQ:NUAN) traded today at a new 52-week high of $55.11. So far today approximately 726,000 shares have been exchanged, as compared to an average 30-day volume of 5.8 million shares.

Nuance Communications Inc is the pioneer in conversational AI innovations that bring intelligence to everyday work and life. The company delivers solutions that understand, analyze, and respond to people amplifying human intelligence to increase productivity and security. Its operating segment includes Healthcare; Enterprise; and Other. The company generates maximum revenue from the Healthcare segment. Its Healthcare segment is primarily engaged in providing clinical speech and clinical language understanding solutions that improve the clinical documentation process, from capturing the complete patient record to improving clinical documentation and quality measures for reimbursement. Geographically, it derives a majority of revenue from the United States.

Nuance Communications Inc. has overhead space with shares priced $55.06, or 85.7% below the average consensus analyst price target of $385.00.

Nuance Communications Inc. share prices have moved between a 52-week high of $55.11 and a 52-week low of $25.00 and are now trading 120% above that low price at $55.06 per share.

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