Zacks Investment Research research analysts downgraded Convergys Co. (NYSE: CVG) from a “neutral” rating to an “underperform” rating in a research note issued to investors on Thursday.
Convergys Co. (NYSE: CVG)’s stock traded down 2.07% on Wednesday, hitting $14.22. Convergys Co. has a 52 week range of $9.50 to $14.66. The stock’s 50-day moving average is $13.44 and its 200-day moving average is $11.52. Analysts predict on average that Convergys Co. will post $0.26 earnings per share next quarter. The company has a market cap of $1.732 billion and a P/E (price-to-earnings ratio) of 13.46.
About Convergys Co. (NYSE: CVG)
Convergys Corporation (Convergys) is engaged in relationship management. The Company has three segments: Customer Management, which provides agent-assisted, self-service and intelligent technology care solutions; Information Management, which provides business support system (BSS) solutions, and Human Resources (HR) Management, which provides human resource business process outsourcing (HR BPO) solutions. In June 2010, the Company sold its Human Resources Management (HRM) line of business to NorthgateArinso, a human resources software and services provider.For more information about Zacks Investment Research‘s equity research offerings, visit Zacks.com.
You could be rising on the wave of the next stage of developmnet of human comms instead of being downgraded and laying people off - OPEN YOUR EYES CONVERGYS!!!!
