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Application Software’s Volume Sizzlers – Cadence Design Systems Inc (NASDAQ:CDNS), CommVault Systems, Inc. (NASDAQ:CVLT)

on 08/04/2013

Massapequa Park – April 8, 2013 — (Net PR News) -King Penny Stocks is an elite financial community for investors and traders alike who are looking to potentially gain financial freedom through the markets on undervalued companies and “in-play” momentum penny stocks. Today, we bring a special trend analysis of the following stocks:  Cadence Design Systems Inc (NASDAQ:CDNS), CommVault Systems, Inc. (NASDAQ:CVLT)

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The worthwhile Application Software industry of the Technology sector stocks are in today’s spotlight, which scored heavy volume. The active stocks were Cadence Design Systems Inc (NASDAQ:CDNS), which remained a high volume stock in its industry and CommVault Systems, Inc. (NASDAQ:CVLT), which gained traders attention mainly due to superb trade.

Cadence Design Systems Inc (NASDAQ:CDNS) revealed that it will webcast its financial results for the first quarter 2013, on Wednesday, April 24, 2013 at 2 p.m. Pacific Time, 5 p.m. Eastern Time, participating in this webcast are the president and CEO of CDNS, Lip-Bu Tan and senior vice president and CFO, Geoff Ribar.

Can Investors Bet on CDNS after this News update? Find out in this Research Report

Application Software company, Cadence Design Systems Inc (NASDAQ:CDNS) started its trading session with the price of $13.27 and closed at $13.27 by scoring -1.12%. The 52 week range of CDNS was $9.73 – $14.81.

CDNS’s stocks traded with total volume of 2.38 million shares, while the average trading remained 3.50 million shares. Previous 5 days graph demonstrated a negative move of -4.74%. CDNS’s quarterly performance remained in the red with the percentage of -3, while its year to date performance showed that stock declined overall -1.78%.

How Should Investors Trade CDNS Now? Don’t Miss out on a Special Trend Analysis

CommVault Systems, Inc. (NASDAQ:CVLT) will issue its financial results on Tuesday, May 7, 2013, for the fourth quarter and fiscal year 2013. After that, at 8:30 a.m. Eastern Time, 5:30 a.m. Pacific Time, CVLT will webcast a conference call.

Is CVLT a Solid Investment at These Levels? Read This Report For Details

Technology sector stock moving downward during last trade, CommVault Systems, Inc. (NASDAQ:CVLT) traded with a tumble of -4.82% and closed at $71.70 after gaining total volume of 1.72 million shares. Its opening price was $71.20.

CVLT has total market capitalization of $3.31 billion with a total of 46.16 million outstanding shares. If we look at the previous 5 day’s performance of the stock, it remained losing with the drop of -12.56%. In its last one month’s trade it plunged -7.45%. CommVault Systems’ earnings per share is $0.96.

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Source: Posted Mon, April 08, 2013 14:22 - Permalink