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Zacks Investment Research downgraded Nuance Communications Inc. (NASDAQ:NUAN) to Strong Sell in a report released today.

Yesterday Nuance Communications Inc. (NASDAQ:NUAN) traded 0.62% higher at $14.50. The company’s 50-day moving average is $14.53 and its 200-day moving average is $16.21. The last closing price is down -9.73% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,337,065 shares of the stock were exchanged, down from an average trading volume of 2,281,450

Zacks Investment Research has downgraded Nuance Communications Inc. (NASDAQ:NUAN) to Strong Sell in a report released on Wednesday October 05, 2016.

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Nuance Communications Inc. (NASDAQ:NUAN)

Nuance Communications Inc. has a 52 week low of $13.74 and a 52 week high of $21.83 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 10 brokers have issued a report on the stock. The consensus target price is $23.20 with 3 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 5 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Nuance Communications Inc. (NASDAQ:NUAN)

Nuance Communications, Inc. is a provider of voice recognition solutions and natural language understanding technologies. The Company operates through four segments: Healthcare; Mobile and Consumer; Enterprise, and Imaging. The Company offers its customers solutions in automated speech recognition; capabilities for natural language understanding; dialog and information management; biometric speaker authentication; text-to-speech; optical character recognition (OCR) capabilities, and domain knowledge, along with professional services and implementation support. The Company markets and sells its solutions and technologies around the world directly through a sales force; through its e-commerce Website, and also through a global network of resellers, including system integrators, independent software vendors, hardware vendors and telecommunications carriers. It offers a range of new digital engagement offerings, including live chat, customer analytics and personalization solutions.

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