Technology

Shares with Uncommon Volume: Applied Materials, Inc. (NASDAQ:AMAT) , Cadence Design Systems, Inc. (NASDAQ:CDNS)

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Applied Materials, Inc. (NASDAQ:AMAT) went higher by +1.07% to close at $ 27.47. The company exchanged total volume of 10.77 million shares throughout course of last trade however it holds an average trading capacity of 12.75 million shares. Shares of company began trading at $27.40 climbed to high of $27.75 touched the low of $27.35.

The company is trading above its 50-day moving averages of 25.75 and up from 200-day moving averages of 21.93. The firm has price to book ratio of 4.51 and its price to sale ratio was 3.09.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. One week ago, shares have been suggested as “BUY” from “1” brokerage firms and recommended as “Strong Buy” by “13” brokerage firms. 0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “0” brokerage firms. “3” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 1.41 based on consensus of the brokerage firms issuing ratings.

The average true range of Applied Materials, Inc.’s (AMAT) is recorded at 0.43 and the relative strength index of the stock stands 67.33. The stock price is going above to its 52 week low with 95.77% and lagging above from its 52 week high with 0.92%. Analyst recommendation for this stock stands at 1.90. A look on the firm performance, its monthly performance is 4.29% and a quarterly performance of 38.99%. The stock price is trading upbeat from its 200 days moving average with 34.07% and up from 50 days moving average with 9.29%.

Cadence Design Systems, Inc. (NASDAQ:CDNS) surged +0.16% and closed the trade at $ 24.75. The company recorded a trading capacity of 1.98 million shares below its three months average daily volume of 2.71 million shares. During the last trade, shares reached to high price of $24.90 and touched the low price of $24.03. The stock’s 50-day moving average is noted at $24.78 and its 200-day moving average is stands at $23.44.

Additionally, the company has a PE ratio of 29.32 and has EPS of 0.84. The company has market capitalization of $7.24B.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. One week ago, shares have been suggested as “BUY” from “1” brokerage firms and recommended as “Strong Buy” by “4” brokerage firms. 0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “0” brokerage firms. “3” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 1.88 based on consensus of the brokerage firms issuing ratings.

Cadence Design Systems Inc.’s (CDNS) has price-to-cash ratio of 10.31 and price to sale ratio of 4.09. The company net profit margin is 14.50% and gross profit margin is 85.90%. A look on the firm performance, its monthly performance is -3.24% and a quarterly performance of 3.34%. The stock price is moving down from its 20 days moving average with -0.41% and isolated positively from 50 days moving average with 0.20%.

 

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