United

Resistance

Million

Billion

<ul class="list-ic vertical"> 
 <li> 1 <a>DXC Technology Co (NYSE: DXC) stock slipped 0.21% in the July 21 trading session. </a> </li> 
 <li> 2 <a>In 52 weeks, DXC stock lowest traded at $22.11 while its highest trading price was $31.99. </a> </li> 
 <li> 3 <a>DXC stock might bounce in the coming session as the company plans to report its revenue from Q1 2023. </a> </li> 
</ul> 
DXC Technology Co (NYSE: DXC) stock slipped 0.21% in the July 21 trading session. It opened trading at $28.12, dipped to $27.80, it hit a high of $28.19 and closed trading at $27.91 with an intraday trading volume of 849.229k.&nbsp; 
In the weekly time frame, DXC stock lost 1.27% of its trading prices, and in a year, trading prices degraded by over 11.48%. The stock is currently trading below its annual price target of $29.33.&nbsp; 
In 52 weeks, DXC stock lowest traded at $22.11 while its highest trading price was $31.99. The stock might face immediate resistance at $28.12 in the coming session.&nbsp; 
In the last three trading sessions, sellers were more active than buyers, and sudden movement in trading volume indicates that some investors might have ejected vast amounts of funds or their stakes from the company.&nbsp; 
If sellers succeed in overruling buyers in the upcoming sessions, DXC stock might face immediate resistance at $25.81. If this momentum continues, the stock price might consolidate between $22.11 and $25.81.&nbsp; 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
 <img decoding="async" src="https://lh6.googleusercontent.com/bjy7cNeo7Was21v2pUPMxHj9yhMwbqUCIC5it-pne6_yKKByeuM_bQaV4a8khpsL7KH1BR6SVqjCkgPXQqimGei9KmIjO_So3jPncSAUlehEwLxAVPf_qNWz3bREDMTvcoHz6juA8dHGErxe3FPAw18" alt="DXC Stock Slips Notably; Potential Path to Resistance Ahead?"> 
 <figcaption class="wp-element-caption">
 Source: DXC stock price chart from TradingView&nbsp; 
 </figcaption> 
 </figure> 
</div> 
A possible bounce in DXC stock might be reflected in the coming session as the company is planning to report its Q1 2023 revenue. The market capitalization of the company is $5.881 Billion.&nbsp; 
<h2 class="wp-block-heading" id="strong-dxc-technology-co-earnings-revenue-strong">DXC Technology Co Earnings &amp; Revenue&nbsp;</h2> 
In Q4 2022, DXC Technology Co reported less revenue than the estimated figures. The company was expected to report $3.62 Billion in revenue, but reported only $3.59 Billion. As per analysts, in Q1 and Q2 2023, the company is expected to report $3.56 Billion and $3.57 Billion in revenue, respectively.&nbsp; 
Earnings Per Share (EPS) of DXC Technology Co reflected a decline in Q4 2022 as it reported 1.08% lower EPS than the estimated figures. The company’s generated revenue of Q4 2022 net income was -$756 Million, and the profit margin was 21.05%.&nbsp; 
According to data from TradingView, 207.885 Million DXC shares are free-floating and the remaining 2.834 million shares are closely held by the company’s financial backers or by the board of directors.&nbsp; 
In the financial year 2022, <a href="https://www.thecoinrepublic.com/2023/02/11/dxcm-stock-escalating-is-the-pharma-stock-profitable/" target="_blank" rel="noopener noreferrer nofollow">DXC Technology Co’s revenue</a> to profit conversion constitutes 11% of gross profit, 13% of earnings before interest, taxes, depreciation, and amortization (EBITDA), 2% of earnings before interest and taxes (EBIT) and -4% net income.&nbsp; 
Most of the company’s income is generated from Global Infrastructure Services and Global Business Services. It serves customers in the United States, Australia, the United Kingdom, Europe and numerous other regions around the world.&nbsp; 
<h4 class="wp-block-heading">Disclaimer&nbsp;</h4> 
The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

DXC Stock Slips Notably; Potential Path to Resistance Ahead?

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Thecoinrepublic.com

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