Convergys Corporation (NYSE:CVG) has been under a strong bear grip, hence the stock is down -7.23% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.41% in the past 1 week. The stock has risen by 2.71% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.73% in the past 4 weeks.
The company shares have rallied 0.62% from its 1 Year high price. On Jun 6, 2016, the shares registered one year high at $28.54 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $26.65 and the 200 Day Moving Average price is recorded at $25.96.
The stock has recorded a 20-day Moving Average of 0.23% and the 50-Day Moving Average is 3.37%.
Convergys Corporation (NYSE:CVG): stock turned positive on Friday. Though the stock opened at $25.35, the bulls momentum made the stock top out at $25.83 level for the day. The stock recorded a low of $25.26 and closed the trading day at $25.81, in the green by 2.95%. The total traded volume for the day was 608,116. The stock had closed at $25.07 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Fox Jeffrey H, director of Convergys Corp, had unloaded 15,000 shares at an average price of $28.15 in a transaction dated on June 3, 2016. The total value of the transaction was worth $422,250.
Convergys Corporation (Convergys) provides customer management services. The Company serves brands in industries, such as communications and media, technology, financial services, retail and healthcare. The Company invests in a combination of global quality delivery, comprehensive solutions and close client engagement. The Company invests in solutions consisting of services, technology and analytics that support the life-cycle of contact types, including service, sales, retention and collections. Its analytics and consulting solutions are post-contact surveys, relational loyalty research, segmentation and profiling, repeat call analysis, agent path analysis, customer interaction assessment, chat optimization and integrated contact center analytics.