(VIANEWS) – Shares of Cadence Design Systems (NASDAQ Composite: CDNS) slid 5.23% to $174.50 at 10:49 EST on Tuesday, after five successive sessions in a row of losses. NASDAQ Composite is falling 1.07% to $15,248.31, after three sequential sessions in a row of losses. This seems, at the moment, an all-around negative trend exchanging session today.
Cadence Design Systems’s last close was $184.13, 3.14% below its 52-week high of $190.09.
Volume
Today’s last reported volume for Cadence Design Systems is 845370 which is 30.25% below its average volume of 1212011.
Cadence Design Systems’s Sales
Cadence Design Systems’s sales growth is 11.6% for the ongoing 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 0.62%, 0.29%, and 1.83%, respectively.
Cadence Design Systems’s highest amplitude of average volatility was 1.07% (last week), 1.72% (last month), and 1.83% (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 oversold (<=20).
Cadence Design Systems’s Stock Yearly Top and Bottom Value
Cadence Design Systems’s stock is valued at $174.50 at 10:49 EST, below its 52-week high of $190.09 and way higher than its 52-week low of $113.80.
Cadence Design Systems’s Moving Average
Cadence Design Systems’s worth is above its 50-day moving average of $167.03 and way above its 200-day moving average of $146.24.
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