CI&T (NYSE:CINT) Sees Strong Trading Volume

CI&T Inc. (NYSE:CINTGet Rating) saw unusually-strong trading volume on Thursday . Approximately 12,197 shares were traded during trading, a decline of 89% from the previous session’s volume of 115,104 shares.The stock last traded at $11.94 and had previously closed at $12.33.

The company has a 50-day simple moving average of $14.44 and a 200-day simple moving average of $14.27. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.71 and a current ratio of 1.71.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Oppenheimer Asset Management Inc. purchased a new stake in shares of CI&T in the fourth quarter valued at approximately $124,000. Advisor Group Holdings Inc. purchased a new stake in shares of CI&T in the fourth quarter valued at approximately $138,000. Brinker Capital Investments LLC purchased a new stake in shares of CI&T in the fourth quarter valued at approximately $153,000. Squarepoint Ops LLC purchased a new stake in CI&T during the fourth quarter worth $206,000. Finally, Ghisallo Capital Management LLC purchased a new stake in CI&T during the fourth quarter worth $297,000. Hedge funds and other institutional investors own 10.11% of the company’s stock.

CI&T Company Profile (NYSE:CINT)

CI&T Inc, together with its subsidiaries, provides strategy, design, and software engineering services to enable digital transformation for enterprises worldwide. It develops customizable software through the implementation of software solutions, including machine learning, artificial intelligence, analytics, and cloud and mobility technologies.

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