Cannae Holdings Inc (NYSE: CNNE) Not A Good Play Anymore?

Cannae Holdings Inc (CNNE) concluded trading on Thursday at a closing price of $17.31, with 0.49 million shares of worth about $8.42 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.18% during that period and on April 17, 2025 the price saw a loss of about -0.29%. Currently the company’s common shares owned by public are about 62.79M shares, out of which, 55.63M shares are available for trading.

Stock saw a price change of 2.85% in past 5 days and over the past one month there was a price change of 1.94%. Year-to-date (YTD), CNNE shares are showing a performance of -12.84% which decreased to -11.95% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.91 but also hit the highest price of $22.36 during that period. The average intraday trading volume for Cannae Holdings Inc shares is 625.06K. The stock is currently trading -3.12% below its 20-day simple moving average (SMA20), while that difference is down -5.19% for SMA50 and it goes to -10.11% lower than SMA200.

Cannae Holdings Inc (NYSE: CNNE) currently have 62.79M outstanding shares and institutions hold larger chunk of about 81.65% of that.

The stock has a current market capitalization of $1.09B and its 3Y-monthly beta is at 1.02. It has posted earnings per share of -$4.72 in the same period. It has Quick Ratio of 1.34 while making debt-to-equity ratio of 0.18. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CNNE, volatility over the week remained 2.73% while standing at 4.50% over the month.

Stock’s fiscal year EPS is expected to rise by 75.97% while it is estimated to increase by 4.11% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by RBC Capital Mkts on December 20, 2021 offering an Outperform rating for the stock and assigned a target price of $42 to it.

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