Application Software Equities under the Scanner -- Research on Cadence Design Systems, TiVo, Jive Software, and Compuware
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LONDON, June 18, 2014 /PRNewswire/ --
On Tuesday, June 17, 2014, the NASDAQ Composite ended at 4,337.23, up 0.37%, the Dow Jones Industrial Average advanced 0.16%, to finish the day at 16,808.49, and the S&P 500 closed at 1,941.99, up 0.22%. During the session five out of ten sectors ended in positive. The S&P 500 Information Technology Sector Index ended the day at 626.68, up 0.20%, with the index also advancing 5.87% in the previous three months. Investor-Edge has initiated coverage on the following equities: Cadence Design Systems Inc. (NASDAQ: CDNS), TiVo Inc. (NASDAQ: TIVO), Jive Software Inc. (NASDAQ: JIVE) and Compuware Corp. (NASDAQ: CPWR). Free technical research on CDNS, TIVO, JIVE and CPWR can be downloaded upon signing up at:
http://www.investor-edge.com/3918-register
On Tuesday, shares in Cadence Design Systems Inc. recorded a trading volume of 4.34 million shares, higher than its three months average volume of 3.58 million shares. The stock ended the day at $16.93, which was 0.71% above its previous day's closing of $16.81, and registered an intraday range of $16.63 and $17.00. Shares of the company traded at a PE ratio of 32.69. Cadence Design Systems Inc.'s shares have advanced 7.83% in the last one month and 8.66% in the previous three months. Additionally, from the beginning of 2014, the company's stock has gained an upside of 20.76%. The company's stock is trading above its 50-day and 200-day moving averages of $15.79 and $14.49, respectively. Furthermore, shares of the company have a Relative Strength Index (RSI) of 60.20. Sign up today to read free research on CDNS at:
http://www.investor-edge.com/3918-CDNS-18Jun2014.pdf
TiVo Inc.'s stock finished the Tuesday's session 1.33% higher at $12.21. A total of 1.14 million shares were traded, which was below its three months average volume of 1.51 million shares. The stock moved between $11.95 and $12.27 during the session. Over the previous three trading sessions and the last one month, TiVo Inc.'s shares have gained 1.20% and 3.08%, respectively. However, the company's stock has declined 6.97% since the start of this year. The stock is trading above its 50-day moving average of $11.98, while the 50-day moving average is below TiVo Inc.'s 200-day moving average of $12.60. TiVo Inc.'s stock traded at a PE ratio of 7.08 and has an RSI of 49.44. Sign up today to read free research on TIVO at:
http://www.investor-edge.com/3918-TIVO-18Jun2014.pdf
On Tuesday, shares in Jive Software Inc. traded between $8.35 and $8.66 before ending the session 0.94% higher at $8.59. Jive Software Inc.'s stock reported a trading volume of 0.57 million shares, below its three months average volume of 0.73 million shares. Jive Software Inc.'s shares have advanced 5.40% in the previous three trading sessions and 3.74% in the last one month. However, the stock has lost 23.64% since the beginning of this year. The stock is trading above its 50-day moving average of $7.81. Moreover, shares of the company have an RSI of 60.97. Sign up today to read free research on JIVE at:
http://www.investor-edge.com/3918-JIVE-18Jun2014.pdf
Compuware Corp.'s stock edged 0.10% lower, to close the day at $9.98. The stock recorded a trading volume of 1.51 million shares, above its three months average volume of 1.42 million shares. The stock oscillated between $9.91 and $10.00 during the session. Although, Compuware Corp.'s shares have gained 1.84% in the previous three trading sessions, it has declined 3.57% in the last one month and 10.97% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $10.59 is greater than its 50-day moving average of $10.16. Additionally, the stock traded at a PE ratio of 32.98 and has an RSI of 49.12. Sign up today to read free research on CPWR at:
http://www.investor-edge.com/3918-CPWR-18Jun2014.pdf
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