ANSYS Inc. (ANSS) is Trading Lower on Unusual Volume for February 08

Equities Staff |

ANSYS Inc. (ANSS) experienced unusually high volume on Feb. 08, as the stock lost 4.17% to a closing price of $81.17. The stock saw 895,764 shares trade hands over the course of the day on 7,174 trades. Given that the stock’s average daily volume over the last month has been 387,680 shares a day, this represents a pretty substantial spike over the norm.

ANSYS Inc. has a P/B ratio of 3.27. It also has a P/E ratio of 30.8. The stock has traded between $98.39 and $82.00 over the last 52-weeks, its 50-day SMA is now $89.49, and its 200-day SMA $90.70.

Ansys Inc develops and markets engineering software and services used by engineers, designers, researchers and students across a broad spectrum of industries and academia, including aerospace, automotive, manufacturing, electronics, and biomedical.

Headquartered in Canonsburg, PA, ANSYS Inc. has 2,800 employees and is currently under the leadership of CEO James E. Cashman.

For a complete fundamental analysis analysis of ANSYS Inc., check out Equities.com’s Stock Valuation Analysis report for ANSS. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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