Mentor Graphics Corporation (MENT) Shares Slide -1.66%

Mentor Graphics Corporation (MENT) has risen sharply, recording gains of 0.75% in the past 4 weeks. However, the stock has corrected -1.66% in the past 1 week, providing a good buying opportunity on dips. Mentor Graphics Corporation (MENT) : During the past 4 weeks, traders have been relatively bearish on Mentor Graphics Corporation (MENT), hence the stock is down -2.52% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.59% relative to the S&P 500.

The stock has recorded a 20-day Moving Average of 0.59% and the 50-Day Moving Average is 0.23%. Mentor Graphics Corp. is up 7.28% in the last 3-month period. Year-to-Date the stock performance stands at 16.58%.


Mentor Graphics Corporation (NASDAQ:MENT): On Fridays trading session , Opening price of the stock was $21.41 with an intraday high of $21.44. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $21.11. However, the stock managed to close at $21.36, a loss of 0.09% for the day. On the previous day, the stock had closed at $21.38. The total traded volume of the day was 1,086,248 shares.

Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools – computer software and emulation hardware systems used to automate the design, analysis and testing of complex electro-mechanical systems, electronic hardware and embedded systems software in electronic systems and components. The Companys products are used in the design and development of a diverse set of electronic products, including automotive electronics, computers and workstations, digital cameras, cellular telephones, medical devices, smart phones, industrial electronics and manufacturing systems. The Company segregated revenues into five categories of similar products and services: Scalable Verification, IC Design to Silicon, Integrated System Design, New and Emerging Products, and Services and Other.

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