SS&C Technologies Holdings (SSNC) Shares are Down -1.66%

SS&C Technologies Holdings (SSNC) has risen sharply, recording gains of 1.94% in the past 4 weeks. However, the stock has corrected -1.66% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.56% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

SS&C Technologies Holdings, Inc. is up 5.42% in the last 3-month period. Year-to-Date the stock performance stands at -7.49%. The stock has recorded a 20-day Moving Average of 0.85% and the 50-Day Moving Average is 3.94%.


SS&C Technologies Holdings (NASDAQ:SSNC): The stock opened at $31.32 on Friday but the bulls could not build on the opening and the stock topped out at $31.52 for the day. The stock traded down to $31.30 during the day, due to lack of any buying support eventually closed down at $31.45 with a loss of -0.13% for the day. The stock had closed at $31.49 on the previous day. The total traded volume was 587,176 shares.

Also, Equity Analysts at the Brokerage Firm, Morgan Stanley, maintains their rating on the shares of SS&C Technologies Holdings (NASDAQ:SSNC). Morgan Stanley has a Equal-weight rating on the shares. As per the latest research report, the brokerage house raises the price target to $37 per share from a prior target of $34. The rating by the firm was issued on July 28, 2016.

SS&C Technologies Holdings, Inc. (SS&C Holdings) is a holding company, which provides software products and software-enabled services. The Company operates primarily through its subsidiary, SS&C Technologies, Inc. The Companys service offerings are classified as portfolio management/accounting; trading/treasury operations; financial modeling; loan management/accounting; property management; money market processing; software-enabled services; professional services, and product support. The Companys software products and software-enabled services automates and integrates front-office functions, such as trading and modeling; middle-office functions, such as portfolio management and reporting, and back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing. Its other subsidiaries include Advent Software, Inc., and GlobeOp Financial Services S.A. and Prime Management Limited, among others.

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