(VIANEWS) – Shares of Cadence Design Systems (NASDAQ Composite: CDNS) rose 5.43% to $184.56 at 13:50 EST on Thursday, after two consecutive sessions in a row of losses. NASDAQ Composite is rising 0.62% to $15,349.12, after two sequential sessions in a row of losses. This seems, at the moment, a somewhat positive trend trading session today.
Cadence Design Systems’s last close was $175.05, 7.91% under its 52-week high of $190.09.
Volume
Today’s last reported volume for Cadence Design Systems is 933945 which is 18.28% below its average volume of 1142869.
Cadence Design Systems’s Sales
Cadence Design Systems’s sales growth is 11.6% for the present 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 1.19%, a negative 0.01%, and a positive 1.78%, respectively.
Cadence Design Systems’s highest amplitude of average volatility was 3.53% (last week), 1.91% (last month), and 1.78% (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 $184.56 at 13:50 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 way above its 50-day moving average of $167.03 and way higher than its 200-day moving average of $146.24.
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