PTC (PTC) Shares are Up 0.41%

PTC (PTC) : Traders are bullish on PTC (PTC) as it has outperformed the S&P 500 by a wide margin of 2.27% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.24%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.41% in the last 1 week, and is up 1.72% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 1.43% and the 50-Day Moving Average is 4.95%.The 200 Day SMA reached 23.07%

PTC

PTC (NASDAQ:PTC): After opening at $43.85, the stock dipped to an intraday low of $43.0103 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $44.42 and the buying power remained strong till the end. The stock closed at $44.31 for the day, a gain of 0.98% for the day session. The total traded volume was 1,005,543. The stocks close on the previous trading day was $44.31.

PTC (PTC) : Currently there are 7 street experts covering PTC (PTC) stock. The most bullish and bearish price target for the stock is $52 and $39 respectively for the short term. The average price target of all the analysts comes to $46.43. The estimated standard deviation from the target is $4.2.

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.

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