Alert: Major Price Decline (12/20/23)-DXC Technology Co (NYSE: DXC).

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DXC Technology Co (NYSE: DXC) stock closed at $21.99 on 12/20/23 after a major decline of -12.1%. Moreover, exceptionally high trading volume at 209% of normal accompanied the decline. The stock has declined -6.2% during the last week and has performed in line with the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, DXC is expected to continue to be a major Value Builder.

DXC Technology has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. DXC Technology has a neutral Appreciation Score of 53 and a slightly negative Power Rating of 39, producing the Low Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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