Nuance Communications (NUAN) has been under a strong bear grip, hence the stock is down -8.47% 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 2.67% in the past 1 week. The stock has risen by 3.19% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.59% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.81% and the 50-Day Moving Average is 3.26%.The 200 Day SMA reached 16.09%. Nuance Communications, Inc. has dropped 13.77% during the last 3-month period . Year-to-Date the stock performance stands at -25.09%.
Nuance Communications (NASDAQ:NUAN): After opening at $14.64, the stock dipped to an intraday low of $14.63 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.93 and the buying power remained strong till the end. The stock closed at $14.9 for the day, a gain of 2.05% for the day session. The total traded volume was 4,413,676. The stocks close on the previous trading day was $14.6.
Nuance Communications, Inc. is a provider of voice and language solutions for businesses and consumers across the world. The Companys solutions are used in healthcare, mobile, consumer, enterprise customer service, and imaging markets. The Company offers accuracy, natural language understanding capability, domain knowledge and implementation capabilities. The Companys solutions are based on the Companys voice and language platform and are used by businesses for tasks and services, such as requesting information from a phone-based self-service solution, dictating medical records, searching the mobile Web by voice, entering a destination into a navigation system, or working with portable document format (PDF) documents. The Company offers its solutions to its customers in a range of ways, including through products, hosting, professional services and maintenance and support. The Company operates in four segments: Healthcare, Mobile and Consumer, Enterprise, and Imaging.