Is Cadence Design Systems Inc (CDNS) a Bad Choice in Software

Cadence Design Systems Inc (CDNS) is around the top of the Software - Application industry according to InvestorsObserver. CDNS received an overall rating of 61, which means that it scores higher than 61 percent of all stocks. Cadence Design Systems Inc also achieved a score of 96 in the Software - Application industry, putting it above 96 percent of Software - Application stocks. Software - Application is ranked 119 out of the 148 industries.

CDNS has an Overall Score of 61. Find out what this means to you and get the rest of the rankings on CDNS!

See Full CDNS Report

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 61 means the stock is more attractive than 61 percent of stocks. Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes

InvestorsObserver

’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What's Happening With Cadence Design Systems Inc Stock Today?

Cadence Design Systems Inc (CDNS) stock is trading at $186.94 as of 2:34 PM on Monday, Nov 29, a gain of $8.58, or 4.81% from the previous closing price of $178.36. The stock has traded between $180.04 and $186.94 so far today. Volume today is below average. So far 655,127 shares have traded compared to average volume of 1,127,663 shares. Click Here to get the full Stock Report for Cadence Design Systems Inc stock.