Convergys Corporation (CVG) Shares are Up 2.74%

Convergys Corporation (CVG) : Traders are bullish on Convergys Corporation (CVG) as it has outperformed the S&P 500 by a wide margin of 0.94% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.57%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.74% in the last 1 week, and is up 0.4% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 2.45% and the 50-Day Moving Average is 5.48%.The 200 Day SMA reached 14.6%


Convergys Corporation (NYSE:CVG): After opening at $30.35, the stock dipped to an intraday low of $30.12 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $30.57 and the buying power remained strong till the end. The stock closed at $30.42 for the day, a gain of 0.86% for the day session. The total traded volume was 594,789. The stocks close on the previous trading day was $30.42.

Convergys Corporation (CVG) : 2 investment research analysts covering Convergys Corporation (CVG) have an average price target of $33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $35 and the lowest target is $31 for the short term. Analysts expect the variance to be within $2.83 of the average price.

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.

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