Cadence Design Systems Inc. (CDNS) rose 5.66% or 2.28 to $42.59. It is near 1.55 million shares traded, which is 83.43% compare to the average total volume 1.85 million. The market cap of CDNS is $12.02 billion. The year to date change is 1.52%. The 52 week price range is from $35.49 to $47.4. Price of CDNS have changed -6.41% during last week. It have changed -7.42% over last month, -10.32% over last 3 months, -7.40% over last 6 months and -3.96% over one year.
Some investors will use 50-day and 200-day Moving Averages as support and resistance levels. Those moving average will be very helpful most of time. The 50-day Moving Averages for CDNS is 43.52. It is 2.18% above current price. The 200-day Moving Averages for CDNS is 42.92. It is 0.77% above current price. The stock faces resistance at 200-day moving averages. The 52-week High is 47.4. It is 11.29% from the current price. The 52-week Low is 35.49. It is -16.67% from current price.
There are some statistics of CDNS. It is has market cap $12.02 billion. The share outstanding is 282.14 million. The average volume is 1.85 million. The revenue is 501.72M. It has 692.54M cash and 729.37M in debt. The gross profit is 441.44M. The percent of top 15 Institution holding is 135.90%. Return on equity is how much of net income returned as a percentage of the total amount of shareholder equity found on the balance sheet. Return on equity (ROE) of CDNS is 20.54%. Return on assets (ROA) is an indicator that shows how profitable a company is using its total assets to generate earnings. Return on Assets (ROA) of CDNS is 10.17%.