Application Software Stocks on the Move -- Allscripts Healthcare Solutions, Cadence Design Systems, Solera Holdings, Intuit, and Nuance Communications
NEW YORK, September 29, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX), Cadence Design Systems Inc. (NASDAQ: CDNS), Solera Holdings Inc. (NYSE: SLH), Intuit Inc. (NASDAQ:INTU), and Nuance Communications Inc. (NASDAQ: NUAN). Free research report on Allscripts Healthcare Solutions can be accessed at https://www.erionline.net/MDRX.pdf On Monday, September 28, 2015, the NASDAQ Composite ended at 4,543.97, down 3.04%, the Dow Jones Industrial Average declined 1.92%, to finish the day at 16,001.89, and the S&P 500 closed at 1,881.77, down 2.57%. The losses were broad based as all the sectors ended the session in negative. Register for your complimentary reports at the links given below.
On Monday, shares in Allscripts Healthcare Solutions Inc. ended the session 4.69% lower at $12.40. The stock reported a trading volume of 3.56 million shares, above its three months average volume of 3.09 million shares. Allscripts Healthcare Solutions Inc.'s shares have declined 9.36% in the last one month, 10.98% in the previous three months and 2.90% on YTD basis. The company is trading 11.04% below its 50-day moving average and 5.58% below its 200-day moving average. Moreover, shares of Allscripts Healthcare Solutions Inc. have a Relative Strength Index (RSI) of 31.18. Sign up and read the free notes on MDRX at:
https://www.erionline.net/MDRX.pdf
Cadence Design Systems Inc.'s stock declined 2.29%, to close the day at $20.48. The stock recorded a trading volume of 1.98 million shares, below its three months average volume of 2.43 million shares. Over the last one month and over the past three months, Cadence Design Systems Inc.'s shares have gained 2.71% and 5.08%, respectively. Furthermore, the stock has advanced 7.96% since the start of this year. The company's shares are trading 6.29% above their 200-day moving average. Additionally, Cadence Design Systems Inc. traded at a PE ratio of 32.51 and has an RSI of 45.84. The complimentary notes on CDNS can be downloaded in PDF format at:
https://www.erionline.net/CDNS.pdf
On Monday, shares in Solera Holdings Inc. recorded a trading volume of 3.64 million shares, higher than their three months average volume of 2.29 million shares. The stock ended the day 0.38% lower at $55.08. Solera Holdings Inc.'s stock has surged 19.95% in the last one month, 24.26% in the previous three months and 8.93% on YTD basis. The company is trading above its 50-day and 200-day moving averages by 21.43% and 13.18%, respectively. Furthermore, shares of Solera Holdings Inc. have an RSI of 69.84. Register for free on Equity Research Institute and access the latest research on SLH at:
https://www.erionline.net/SLH.pdf
Intuit Inc.'s stock lost 1.89%, to close Monday's session at $86.22. The stock recorded a trading volume of 2.30 million shares, close to its three months average volume of 2.20 million shares. Over the last one month and the previous three months, Intuit Inc.'s shares have declined 0.44% and 14.44%, respectively. Additionally, the stock has declined 5.74% since the start of this year. The company is trading 10.26% and 11.07% below its 50-day and 200-day moving averages, respectively. Furthermore, Intuit Inc.'s stock traded at a PE ratio of 57.87 and has an RSI of 39.21. The complete research on INTU is available for free at:
https://www.erionline.net/INTU.pdf
Nuance Communications Inc.'s stock finished Monday's session 3.06% lower at $16.14. A total of 2.20 million shares were traded, which was above its three months average volume of 1.83 million shares. Over the last one month and the previous three months, Nuance Communications Inc.'s shares have fallen by 3.76% and 6.92%, respectively. However, the stock has gained 13.10% since the beginning of 2015. The company's shares are trading above their 200-day moving average by 2.59%. Nuance Communications Inc.'s stock has an RSI of 34.04. Free in-depth research on NUAN is available at:
https://www.erionline.net/NUAN.pdf
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