ANSYS Inc (NASDAQ: ANSS). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.
Slight negative changes in ANSYS Inc (NASDAQ: ANSS) fundamentals have recently occurred: significant quarterly sales deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, ANSS is expected to continue to be an important Value Builder.
ANSYS has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. ANSYS has a poor Appreciation Score of 24 but a neutral Power Rating of 53, and the Negative Value Trend Rating results.
Recent Price Action
On 7/19/24, ANSYS Inc (NASDAQ: ANSS) stock declined slightly by -0.4%, closing at $314.54. However, below average trading volume at 67% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -3.9% during the last week.
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