ANSYS (ANSS) Shares are Up 0.34%

ANSYS (ANSS) has been under a strong bear grip, hence the stock is down -2.67% 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 0.17% in the past 1 week. The stock has risen by 0.34% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.19% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.47% and the 50-Day Moving Average is 1.34%.The 200 Day SMA reached 3.48%

ANSYS

ANSYS (NASDAQ:ANSS): After opening at $91.61, the stock dipped to an intraday low of $91.29 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $92.86 and the buying power remained strong till the end. The stock closed at $92.61 for the day, a gain of 1.77% for the day session. The total traded volume was 613,596. The stocks close on the previous trading day was $92.61.

ANSYS (ANSS) : Average target price received by ANSYS (ANSS) is $94.6 with an expected standard deviation of $5.81. The most aggressive target on the stock is $101, whereas the most downbeat target is $88. 5 financial analysts are currently covering the stock.

ANSYS, Inc. (ANSYS) develops and markets engineering simulation software and services. The Company offers the suite to engineers, designers, researchers and students, and for industries and academia, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense. The Companys product portfolio consists of ANSYS Workbench, Structures, Fluids, Electronics, Systems and Academic. ANSYS Workbench is the framework upon which the Companys suite of engineering simulation technologies is built. The structures product suite offers simulation tools for product design and optimization. The fluids product suite enables modeling of fluid flow. The Companys system simulation capability is to design automated products. The academic product suite provides a portfolio of academic products-based on usage tiers, such as associate, research and teaching.

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