Cadence Design Systems Inc. (CDNS) Declined -5.88% or -4.04 To Price $64.62 On Monday

Cadence Design Systems Inc. (CDNS) declined -5.88% or -4.04 to $64.62. It is near to 3.50 million shares traded, which is 166.02% compare to the average total volume 2.11 million. The market cap of CDNS is $18.16 billion. The year to date change is 52.94%. The 52 week price range is from $39.08 to $70.49. Price of CDNS have changed 2.63% during last week. It have changed 6.93% over last month, 30.43% over last 3 months, 60.53% over last 6 months and 63.44% over one year.

Some investors will use 50-day and 200-day Moving Averages as support and resistance levels. Those moving average will be very helpful most of time. The 50-day Moving Averages for CDNS is 65.07. It is 0.70% above current price. The stock faces resistance at 50-day moving averages. The 200-day Moving Averages for CDNS is 50.82. It is -21.36% below current price. The 52-week High is 70.49. It is 9.08% from the current price. The 52-week Low is 39.08. It is -39.52% from current price.

There are some statistics of CDNS. It is has market cap $18.16 billion. The share outstanding is 281.03 million. The average volume is 2.11 million. Return on equity is how much of net income returned as a percentage of the total amount of shareholder equity found on the balance sheet. Return on equity (ROE) of CDNS is 32.70%. Return on assets (ROA) is an indicator that shows how profitable a company is using its total assets to generate earnings. Return on Assets (ROA) of CDNS is 16.35%.


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