Large Outflow of Money Witnessed in Mentor Graphics Corporation

Mentor Graphics Corporation (MENT) : Wednesdays money flow analysis of Mentor Graphics Corporation (MENT) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $3.13 million. In comparison, the inflow of money on upticks was a meager $1.45 million. The dollar value of composite uptick trades minus the downtick trades was negative $1.67 million. The uptick to downtick ratio of 0.46 in the money flow shows weakness. The downtick transaction value was high at $1.58 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($1.58 million). Mentor Graphics Corporation (MENT) gained $0.01 at $24.49, a change of 0.04% over the previous days close.


Shares of Mentor Graphics Corp. rose by 2.61% in the last five trading days and 3.07% for the last 4 weeks. Mentor Graphics Corp. is up 19.16% in the last 3-month period. Year-to-Date the stock performance stands at 35.41%.

Mentor Graphics Corporation (MENT) : The consensus on Mentor Graphics Corporation (MENT) based on 5 analyst recommendation on the company stock is 3.4, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Mentor Graphics Corporation (NASDAQ:MENT): The stock opened at $24.45 and touched an intraday high of $24.76 on Wednesday. During the day, the stock corrected to an intraday low of $24.39, however, the bulls stepped in and pushed the price higher to close in the green at $24.75 with a gain of 1.10% for the day. The total traded volume for the day was 1,460,749. The stock had closed at $24.48 in the previous trading session.

Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools – computer software and emulation hardware systems used to automate the design, analysis and testing of complex electro-mechanical systems, electronic hardware and embedded systems software in electronic systems and components. The Companys products are used in the design and development of a diverse set of electronic products, including automotive electronics, computers and workstations, digital cameras, cellular telephones, medical devices, smart phones, industrial electronics and manufacturing systems. The Company segregated revenues into five categories of similar products and services: Scalable Verification, IC Design to Silicon, Integrated System Design, New and Emerging Products, and Services and Other.

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