Large Inflow of Money Witnessed in ANSYS

ANSYS (ANSS) : The money flow analysis of ANSYS (ANSS) indicates a $0.03 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $0.24 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 7.12 and so was the total money flow at $0.21 million. The bulls lapped up $0 million worth of block trades on upticks. The money flow was $0 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of ANSYS (ANSS), pushing it down by -0.31% for the day. The stock slid $0.28 and traded at $88.98 during the day. Nonetheless, the stock is -1.84% over the previous weeks close.


ANSYS (ANSS) : 5 Wall Street analysts covering ANSYS (ANSS) believe that the average level the stock could reach for the short term is $93.2. The maximum price target given is $100 and the minimum target for short term is around $86, hence the standard deviation is calculated at $7.01. The stock has recorded a 20-day Moving Average of 1.3% and the 50-Day Moving Average is 1.73%.

ANSYS (NASDAQ:ANSS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $89.44 and $88.98 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $89.87. The buying momentum continued till the end and the stock did not give up its gains. It closed at $89.68, notching a gain of 0.47% for the day. The total traded volume was 303,554 . The stock had closed at $89.26 on the previous day.

ANSYS, Inc. (ANSYS) develops and markets engineering simulation software and services. The Company offers the suite to engineers, designers, researchers and students, and for industries and academia, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense. The Companys product portfolio consists of ANSYS Workbench, Structures, Fluids, Electronics, Systems and Academic. ANSYS Workbench is the framework upon which the Companys suite of engineering simulation technologies is built. The structures product suite offers simulation tools for product design and optimization. The fluids product suite enables modeling of fluid flow. The Companys system simulation capability is to design automated products. The academic product suite provides a portfolio of academic products-based on usage tiers, such as associate, research and teaching.

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