SS&C Technologies Holdings (NASDAQ:SSNC) has been under a strong bear grip, hence the stock is down -0.51% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.65% 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 3.96% in the last 1 week, and is up 1.09% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -9.11% from its 1 Year high price. On Nov 3, 2015, the shares registered one year high at $38.60 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $29.43 and the 200 Day Moving Average price is recorded at $30.33.
The stock has recorded a 20-day Moving Average of 3.18% and the 50-Day Moving Average is 0.17%.
SS&C Technologies Holdings (NASDAQ:SSNC): stock turned positive on Friday. Though the stock opened at $29.48, the bulls momentum made the stock top out at $29.84 level for the day. The stock recorded a low of $28.92 and closed the trading day at $29.64, in the green by 1.40%. The total traded volume for the day was 602,152. The stock had closed at $29.23 in the previous days trading.
In an insider trading activity,The director officer (President and COO) of Ss&C Technologies Holdings Inc, Boulanger Normand A sold 49,231 shares at $61.57 on June 6, 2016. The Insider selling transaction had a total value worth of $3,031,153. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
SS&C Technologies Holdings, Inc. (SS&C Holdings) is a holding company, which provides software products and software-enabled services. The Company operates primarily through its subsidiary, SS&C Technologies, Inc. The Companys service offerings are classified as portfolio management/accounting; trading/treasury operations; financial modeling; loan management/accounting; property management; money market processing; software-enabled services; professional services, and product support. The Companys software products and software-enabled services automates and integrates front-office functions, such as trading and modeling; middle-office functions, such as portfolio management and reporting, and back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing. Its other subsidiaries include Advent Software, Inc., and GlobeOp Financial Services S.A. and Prime Management Limited, among others.