Convergys (NYSE:CVG) traded today at a new 52-week high of $17.99. This new high was reached on below average trading volume as 206,000 shares traded hands, while the average 30-day volume is approximately 477,000 shares.
Convergys share prices have moved between a 52-week high of $17.99 and a 52-week low of $12.40 and are now trading 45% above that low price at $17.93 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.4%.
Convergys Corporation is a global company specializing in relationship management. The Company's encompass Customer Management which provides agent assisted services, automated self-service and technology solutions; Information Management, which provides business support system and operational support system; Human Resources Management which provides outsourcing solutions.
Convergys (NYSE:CVG) defies analysts with a current price ($17.93) 3.8% above its average consensus price target of $17.25. The stock should discover initial support at its 50-day moving average (MA) of $16.77 and subsequent support at its 200-day MA of $16.21.
