Convergys Corp (NYSE:CVG) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 23, 2016
Zacks Investment Research has downgraded Convergys Corp (NYSE:CVG) to Hold in a statement released on 09/23/2016.
Boasting a price of $29.61, Convergys Corp (NYSE:CVG) traded -1.33% lower on the day. With the last stock price close up 7.88% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Convergys Corp has recorded a 50-day average of $29.48 and a two hundred day average of $27.45. Volume of trade was down over the average, with 333,257 shares of CVG changing hands under the typical 516,025
With a total market value of $0, Convergys Corp has price-earnings ratio of 17.34 with a one year low of $22.53 and a one year high of $30.92 .
A total of 4 equity analysts have released a ratings update on CVG. One equity analyst rating the company a strong buy, one equity analyst rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $28.25.
Brief Synopsis About Convergys Corp (NYSE:CVG)
Convergys Corporation is engaged in providing customer management services. The Company's primary focus is on growth with multinational corporations and other companies in communications and media, financial services, technology, healthcare, retail and other vertical markets. Its segments include North America and Rest of World. It provides a range of contact center services delivered through phone, e-mail and chat. It provides omni-channel contact center technology solutions, including multichannel interaction solutions, cross-channel integration framework, campaign management and others. It provides analytics and consulting solutions, including customer segmentation and profiling, digital channel optimization and others. It operates in approximately 150 locations in over 30 countries. It operates over 130 contact centers in approximately 30 countries. It integrates call center data servers and databases with over two primary data centers in Orlando, Florida, and Cincinnati, Ohio.
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