On a relative basis, the stock has outperformed the S&P 500 by 1.95% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.21% in the last 1 week, and is up 3.59% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -0.72% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $39.63 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $37.13 and the 200 Day Moving Average price is recorded at $33.65.
The stock has recorded a 20-day Moving Average of 2.01% and the 50-Day Moving Average is 4.52%.
PTC (NASDAQ:PTC): stock turned positive on Friday. Though the stock opened at $37.72, the bulls momentum made the stock top out at $38.53 level for the day. The stock recorded a low of $37.46 and closed the trading day at $38.36, in the green by 2.59%. The total traded volume for the day was 841,116. The stock had closed at $37.39 in the previous days trading.
In an insider trading activity,The officer (EVP Strategy) of Ptc Inc., Cohen Barry F sold 30,000 shares at $35.77 on May 31, 2016. The Insider selling transaction had a total value worth of $1,073,100. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
PTC Inc., develops and delivers technology solutions, comprised of software and services, that transform the way customers create and service their products The Company operates in two Software Products, which includes license and related support revenue for all its products except training-related products, and Services, which includes consulting, implementation, training and license and support revenue for computer-based training products. The Companys solutions and software products include Computer-Aided Design (CAD), Product Lifecycle Management (PLM), Application Lifecycle Management (ALM), Supply Chain Management (SCM) and Service Lifecycle Management (SLM). The Company generates revenue through the sale of software licenses, support and services.