NEW YORK, August 25, 2016 /PRNewswire/ --
Making up the Technology sector are companies that manufacture semiconductors, communications equipment, computer hardware, and tech-related office equipment, and provide consulting and information technology services. Stock-Callers.com takes a look at this morning's featured equities and see where they stand in the market today: Autodesk Inc. (NASDAQ: ADSK), Mentor Graphics Corp. (NASDAQ: MENT), PTC Inc. (NASDAQ: PTC), and KT Corp. (NYSE: KT). Download the free research reports on these stocks today:
San Rafael, California headquartered Autodesk Inc.'s shares fell 0.46%, closing Wednesday's trading session at $63.17. The stock recorded a trading volume of 1.50 million shares. Shares of the Company have advanced 7.52% in the last month, 7.23% in the previous three months, and 3.68% since the start of this year. The stock is trading 8.89% above its 50-day moving average and 10.53% above its 200-day moving average. Additionally, shares of Autodesk, which operates as a design software and services company worldwide, have a Relative Strength Index (RSI) of 72.09.
On August 1st, 2016, Autodesk announced that it will broadcast its Q2 FY17 financial results conference call live via its website on August 25th, 2016 at 2:00 p.m. Pacific Time. An audio replay webcast and podcast will also be available after 5:00 p.m.
On August 19th, 2016, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with an increase of the target price from $60 a share to $64 a share. See our free and comprehensive research report on ADSK at:
On Wednesday, shares in Wilsonville, Oregon headquartered Mentor Graphics Corp. recorded a trading volume of 2.79 million shares, which was above their three months average volume of 1.10 million shares. The stock rose 1.05%, ending the day at $24.17. The Company's shares have advanced 11.85% in the last month, 14.29% in the previous three months, and 31.92% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 11.87% and 20.33%, respectively. Furthermore, shares of Mentor Graphics, which provides electronic design automation software and hardware solutions to design, analyze, and test electro-mechanical systems, electronic hardware, and embedded systems software worldwide, have an RSI of 82.50.
On August 19th, 2016, Mentor Graphics reported revenues of $254.34 million for Q2 2016 compared to revenue of $281.06 in Q2 2015. The company's GAAP earnings were $3.44 million, or $0.03 per diluted share, compared to GAAP earnings of $31.21 million, or $0.26 per diluted share, in the year ago period. MENT free research report PDF is just a click away at:
Needham, Massachusetts headquartered PTC Inc.'s stock finished the day 0.71% lower at $42.25, with a total volume of 795,344 shares traded. The Company's shares have gained 4.68% in the last one month, 17.92% over the previous three months, and 22.00% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.16% and 20.69%, respectively. Additionally, shares of PTC Inc., which develops and delivers software products and solutions worldwide, have an RSI of 66.32.
On August 01st, 2016, research firm Citigroup initiated a 'Buy' rating on the Company's stock, issuing a target price of $48 per share.
On August 11th, 2016, PTC announced availability of Vuforia™ 6, the newest version of its award-winning platform for augmented reality (AR) development. Vuforia 6 introduces the VuMark™, a customizable visual code that enables AR experiences to be attached to any product or object. Vuforia is the world's most widely used platform for AR development. With support for leading phones, tablets, and eyewear, more than 30,000 Vuforia-powered applications have been published on the App Store and Google Play - and have led to more than 275 million app installs. Sign up for your complimentary report on PTC at:
Shares in Seongnam, South Korea headquartered KT Corp. ended yesterday's session 1.80% lower at $15.80. The stock recorded a trading volume of 1.54 million shares, which was above its three months average volume of 690,090 shares. The Company's shares have advanced 4.71% in the last one month, 9.65% in the previous three months, and 32.66% on an YTD basis. The stock is trading 5.64% above its 50-day moving average and 18.32% above its 200-day moving average. Moreover, shares of KT, which provides telecommunications service in Korea, have an RSI of 53.71. Register for free on Stock-Callers.com and download the latest research report on KT at:
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