(VIANEWS) – Shares of Cadence Design Systems (NASDAQ: CDNS) slid 5.08% to $153.53 at 16:50 EST on Tuesday, after three consecutive sessions in a row of losses. NASDAQ is dropping 2.6% to $14,506.90, following the last session’s upward trend. This seems, as yet, an all-around bearish trend exchanging session today.

Cadence Design Systems’s last close was $161.75, 14.91% below its 52-week high of $190.09.

Volume

Today’s last reported volume for Cadence Design Systems is 2006702 which is 48.02% above its average volume of 1355637.

Cadence Design Systems’s Sales

Cadence Design Systems’s sales growth is 11.6% for the current quarter and a decline by 1.6% for the next. The company’s growth estimates for the current quarter is 7.1% and a drop 9.6% for the next.

Cadence Design Systems’s Revenue

Year-on-year quarterly revenue growth grew by 12.6%, now sitting on 2.98B for the twelve trailing months.

Volatility

Cadence Design Systems’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.23%, a negative 0.67%, and a positive 1.61%, respectively.

Cadence Design Systems’s highest amplitude of average volatility was 2.51% (last week), 1.69% (last month), and 1.61% (last quarter), respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Cadence Design Systems’s stock is considered to be overbought (>=80).

Cadence Design Systems’s Stock Yearly Top and Bottom Value

Cadence Design Systems’s stock is valued at $153.53 at 16:50 EST, way under its 52-week high of $190.09 and way above its 52-week low of $113.80.

Cadence Design Systems’s Moving Average

Cadence Design Systems’s value is below its 50-day moving average of $167.03 and higher than its 200-day moving average of $146.24.

More news about Cadence Design Systems (CDNS).

LEAVE A REPLY

Please enter your comment!
Please enter your name here