Ansys Inc (NASDAQ:ANSS) currently has a daily average trading volume of 368.40K but it saw 1424293 shares traded in last market. With a market cap of 31.07B USD, the company’s current market price of $355.58 came rising about 6.58 while comparing to the previous closing price of $333.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $364.31 and as low as $275.81. In the recent trading on the day, stock has struck highest price mark of $341.105 while lowest mark touched by it was $357.22.
Taking a look at 20-day trading activity of Ansys Inc (ANSS) gives us an average price of $327.55, while its current price level is -2.40% below from 52-week high level whereas it is 28.92% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $321.44 while that of 200 days or SMA-200 reads an average of $326.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.41% during that period while stretching the period over a month that decreases to 1.97%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 73.61 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which downgraded the stock as “Underperform” in its note to investors issued on November 14, 2023, recommending a price target of between $356 and $295 for it. Robert W. Baird upgraded its recommendation for the stock as a “Outperform” from “Neutral” on December 14, 2022 while assigning a price target range of $281-$295. Rosenblatt issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $295 and $270.
Over the week, ANSS’s stock price is moving 10.98% up while it is 9.01% when we observe its performance for the past one month. Year-to-date it is -2.01% down and over the past year, the stock is showing an upside performance of 26.18%.
Currently, Ansys Inc’s total number of outstanding shares is 87.39M. Company’s return on investment (ROI) stands at 8.51% and return on equity (ROE) at 10.48%. It has a price to earnings ratio (P/E ratio) of 54.92 while having a 32.62 of forward P/E ratio. Stock’s beta reads 1.09. Stock has a price to book (P/B) ratio of 5.33 while price to sale or P/S ratio amounts to 12.59. Its return on asset (ROA) is 7.95% on average.
