SS&C Technologies Holdings (SSNC) : Traders are bullish on SS&C Technologies Holdings (SSNC) as it has outperformed the S&P 500 by a margin of 5.2% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.2%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.82% in the last 1 week, and is up 12.3% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
SS&C Technologies Holdings (NASDAQ:SSNC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.49 and $30.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.85, notching a gain of 1.38% for the day. The total traded volume was 1,312,357 . The stock had closed at $30.43 on the previous day.
The stock has recorded a 20-day Moving Average of 5.18% and the 50-Day Moving Average is 4.19%. SS&C Technologies Holdings, Inc. is up 0.89% in the last 3-month period. Year-to-Date the stock performance stands at -9.25%.
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.