Analyst Scanner on Application Software Equities - Cadence Design Systems, TiVo, SAP SE, Splunk, and CDK Global

LONDON, January 28, 2015 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: Cadence Design Systems Inc. (NASDAQ: CDNS), TiVo Inc. (NASDAQ: TIVO), SAP SE (NYSE: SAP), Splunk Inc. (NASDAQ: SPLK), and CDK Global Inc. (NASDAQ: CDK). Free research report on Cadence Design Systems can be accessed at http://get.Investor-Edge.com/pdf/?c=Cadence%20Design%20Systems&d=28-Jan-2015&s=CDNS. On Tuesday, January 27, 2015, the NASDAQ Composite ended at 4,681.50, down 1.89%, the Dow Jones Industrial Average declined 1.65%, to finish the day at 17,387.21, and the S&P 500 closed at 2,029.55, down 1.34%. The losses were broad based as nine out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 667.81, down 3.27%, while the index has advanced 2.81% in the previous three months. Register for your complimentary reports at the links given below.  

On Tuesday, shares in Cadence Design Systems Inc. recorded a trading volume of 1.99 million shares, lower than its three months average volume of 2.74 million shares. The stock ended the day at $18.35, which was 1.24% below its previous day's closing of $18.58, and registered an intraday range of $18.18 and $18.55. Shares of the company traded at a PE ratio of 33.39. Although Cadence Design Systems Inc.'s shares have lost 0.05% in the previous three trading sessions, it has advanced 5.76% in the last three months and 31.07% in the past one year. The company's stock closed above its 200-day moving average of $17.27. Furthermore, shares of Cadence Design Systems Inc. have a Relative Strength Index (RSI) of 52.66. Sign up and read the free notes on CDNS at:

http://get.Investor-Edge.com/pdf/?c=Cadence%20Design%20Systems&d=28-Jan-2015&s=CDNS

TiVo Inc.'s stock edged 0.93% lower, to close Tuesday's session at $10.71, after oscillating between $10.64 and $10.80. The stock recorded a trading volume of 0.73 million shares, much below its three months average volume of 1.85 million shares. Over the previous three trading sessions and the last one month, TiVo Inc.'s shares have declined 2.19% and 11.12%, respectively. Further, the stock has lost 12.36% in the last one year. The company's shares closed below its 50-day and 200-day moving averages. The stock's 200-day moving average of $12.54 is above its 50-day moving average of $11.84. Further, TiVo Inc.'s stock traded at a PE ratio of 39.65 and has an RSI of 39.96. The complimentary notes on TIVO can be downloaded as in PDF format at:

http://get.Investor-Edge.com/pdf/?c=TiVo&d=28-Jan-2015&s=TIVO

SAP SE's stock finished Tuesday's session 0.91% lower at $65.50. A total of 1.30 million shares were traded, which was above its three months average volume of 1.19 million shares. The stock moved between $65.22 and $65.92 during the session. Over the previous three trading sessions and the last three months, SAP SE's shares have gained 1.79% and 0.14%, respectively. However, the stock has declined 15.77% in the past one year. The company's shares closed below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $73.78 is greater than its 50-day moving average of $68.40. SAP SE's stock has an RSI of 46.13. Register for free on Investor-Edge and access the latest research on SAP at:

http://get.Investor-Edge.com/pdf/?c=SAP%20SE&d=28-Jan-2015&s=SAP

On Tuesday, shares in Splunk Inc. fluctuated between $54.32 and $56.30 before ending the session 2.13% lower at $55.53. The stock reported a trading volume of 0.86 million shares, much below its three months average volume of 1.80 million shares. Splunk Inc.'s shares have lost 0.73% in the previous three trading sessions, 11.22% in the last three months and 24.93% in the last one year. The company's stock closed above its 200-day moving average of $54.31. Moreover, shares of Splunk Inc. have an RSI of 45.81. The complete research on SPLK is available for free at:

http://get.Investor-Edge.com/pdf/?c=Splunk&d=28-Jan-2015&s=SPLK

CDK Global Inc.'s stock edged 0.69% lower, to close the day at $46.20. The stock recorded a trading volume of 0.97 million shares, much below its three months average volume of 1.67 million shares. The stock oscillated between $45.45 and $46.64 during the session. Over the last one month and over the past three months, CDK Global Inc.'s shares have surged 11.89% and 55.09%, respectively. The company's stock closed above its 50-day moving average of $40.62. Additionally, CDK Global Inc. has an RSI of 79.69. Free in depth research on CDK is available at:

http://get.Investor-Edge.com/pdf/?c=CDK%20Global&d=28-Jan-2015&s=CDK

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