Stock to Watch – Cision Ltd. (NYSE:CISN)

On Wednesday Cision Ltd. (NYSE:CISN) started its trading session with the price $16.77 and closed at price of $16.83 by scoring 0.54%. Day range of the stock was $16.65 – $17.07. CISN stock traded with total volume of 506303 shares while the average trading capacity remained 339704 shares.  Earnings per share was $-0.82.

Cision (NYSE:CISN) reported the commencement of a proposed underwritten public offering of 12,000,000 ordinary shares by certain selling shareholders. Cision is not selling any ordinary shares in the offering and will not receive any proceeds from the offering by the selling shareholders. In addition, the selling shareholders intend to grant the underwriters a 30-day option to purchase up to an additional 1,800,000 ordinary shares at the public offering price less the underwriter discount. Deutsche Bank Securities is acting as lead book-running manager of the proposed offering.

Shares of Cision Ltd. have been recently spotted trading 0.30% off of the 52-week high price. On the other end, company shares have been noted 70.00% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 9.90 – 16.78. Switching over to some distances from popular moving averages, we see that the stock has been recorded 21.83% away from the 50 day moving average and 33.52% away from the 200 day moving average. Moving closer, we can see that shares have been trading 12.11% off of the 20-day moving average.3500 employees work in the Company. It has market cap of $2.09B.

Cision Ltd. provides public relations (PR) software, media distribution, media intelligence, and related professional services worldwide. The company enables public relations and communications professionals to manage, execute, and measure their strategic PR and communications programs.

  • Jeffrey Peterson
    Jeffrey Peterson a blogger and press writer, has worked on topics like earnings reports, hot stocks and market news. He is an experienced professional with 10+ years in research, analysis and reporting. He enjoys taking complex ideas and translating them into content aimed at the general public. He has personal interests in health, fitness, animal care, gardening, travel, world politics, and current social issues, but always willing to learn something new. Jeffrey has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. He covers articles for Technology category. Email Contact: Jeffrey@stockdigest.info

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