Nuance Communications (NASDAQ: NUAN) stock observed trading -9.53% off 52-week high price. On the other end, the stock has been noted 29.73% away from low price over the last 52-weeks. The stock disclosed a move of -2.91% away from 50 day moving average and 0.07% away from 200 day moving average. Moving closer, we can see that shares have been trading 1.02% off 20-day moving average. It has market cap of $4731.35M .
Nuance Communications (NASDAQ: NUAN) disclosed the Nuance Lightning Engine™, a new AI tool that uses 4th generation deep neural nets (DNNs) and combines voice biometrics and natural language understanding (NLU) to deliver more personalized and human-like experiences across voice channels. With the new engine, a single human command to a smart speaker, virtual assistant or IVR is enough for that system to understand who is talking and what it is they want in as quick as half a second.
Consumers are increasingly using voice to engage with the world around them – from communicating to their cars for directions to accessing their bank accounts via their smart speakers. The Nuance Lightning Engine allows consumers to set up a unique voice profile as part of an organization’s account enrollment. When they contact that organization on a voice channel, all they need to do is speak naturally and their identity is confirmed almost immediately, and a personalized interaction begins. No passwords or knowledge-based questions are required.
Until now, the industry standard for authenticating someone through voice biometrics analysis with so little speech was through a specific passphrase. The Nuance Lightning Engine cuts that standard speech time in half, allowing organizations to validate a given person’s identity through natural utterances faster than the human ear.
“Voice biometrics not only secures the voice channel, but when combined with NLU, is the foundation to frictionless experiences for consumers,” said Brett Beranek, General Manager, Security Business, Nuance Enterprise Division. “With the engine, organizations don’t have to spend time checking to see if a customer is who they say they are when they engage on voice channels. Instead, they can immediately start personalizing the interaction as soon as that person speaks, making it an effective, enjoyable and natural engagement.”
The USA based company Nuance Communications moved with change of 1.11% to $16.43 with the total traded volume of 1156224 shares in recent session versus to an average volume of 1767.56K. The stock was observed in the 5 days activity at 2.18%. The one month performance of stock was -4.48%. NUAN’s shares are at -3.75% for the quarter and driving a 10.27% return over the course of the past year and is now at 24.19% since this point in 2018. Right now the stock beta is 0.92. The average volatility for the week and month was at 1.45% and 1.94% respectively. There are 287.97M shares outstanding and 285.53M shares are floated in market.
Category – Market Movers
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