A 98 rating places Cadence Design Systems Inc (CDNS) near the top of the software industry – applications according to Investors Observer. Cadence Design Systems Inc’s score of 98 means it scores over 98% of industry stocks. Cadence Design Systems Inc also received an overall rating of 65, placing it above 65% of all inventory. Software – The app is ranked 123 out of 148 industries.
What do these notes mean?
Analyzing inventory can be difficult. There are tons of numbers and ratios out there, and it can be hard to remember what they all mean and what counts as “good” for a given value. Investors Observer ranks stocks according to eight different measures. We rank most of our scores in percentiles to make it easier for investors to understand. A score of 65 means the stock is more attractive than 65% of the stock. These scores are not only easy to understand, but it is also easy to compare stocks with each other. You can find the best stock in an industry or search for the industry with the highest average score. The overall score is a combination of technical and fundamental factors that is a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors besides the overall number before making investment decisions.
What is going on with Cadence Design Systems Inc Stock Today?
Cadence Design Systems Inc (CDNS) stock is trading at $ 171.83 on Wednesday, November 3 at 12:51 p.m., a loss of -3.72 or -2.12% from the previous closing price of 175 , $ 55. The stock has traded between $ 171.31 and $ 176.19 so far today. The volume today is light. So far, 477,595 shares have been traded for an average volume of 1,111,997 shares. Click here for the full inventory report for Cadence Design Systems Inc. inventory.
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