Pre-Market Pulse on Software Stocks -- Research on Autodesk, Mentor Graphics, Concur Technologies, and PTC Inc.

LONDON, April 23, 2014 /PRNewswire/ --

On Tuesday, April 22, 2014, the NASDAQ Composite ended at 4,161.46, up 0.97%, the Dow Jones Industrial Average advanced 0.40% to 16,514.37, and the S&P 500 closed at 1,879.55, up 0.41%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index finished the day at 593.19, up 0.42%, while the same has declined 0.80% in the last one month. Investor-Edge has initiated coverage on the following equities: Autodesk Inc. (NASDAQ: ADSK), Mentor Graphics Corp. (NASDAQ: MENT), Concur Technologies Inc. (NASDAQ: CNQR) and PTC Inc. (NASDAQ: PTC). Free technical research on ADSK, MENT, CNQR and PTC can be downloaded upon signing up at:

http://www.investor-edge.com/1564-register

Autodesk Inc.'s stock gained 1.26% on Tuesday, closing at $49.01, after oscillating between $48.23 and $49.38. A total of 1.74 million shares were traded, which was below its three months average volume of 3.19 million shares. Over the last one month and start of this year, Autodesk Inc.'s shares have declined 2.06% and 2.60%, respectively. However, the stock has advanced 3.07% in the past three trading sessions. The company's stock is trading above its 200-day moving average. Autodesk Inc.'s 50-day moving average of $51.00 is above its 200-day moving average of $44.47. Furthermore, the company's stock is trading at a PE ratio of 49.17 and has a Relative Strength Index (RSI) of 48.54. Sign up today to read free research on ADSK at:

http://www.investor-edge.com/1564-ADSK-23Apr2014.pdf

Shares in Mentor Graphics Corp. witnessed a trading volume of 0.51 million shares on Tuesday, as compared with its three months average volume of 0.65 million shares. The stock ended the day at $21.43, up 1.90%, after trading between $21.02 and $21.50. Over the last one month and start of this year, Mentor Graphics Corp.'s shares have lost 5.88% and 10.97%, respectively. However, the stock has gained 4.13% during the past three trading sessions. The stock is trading below its 50-day and 200-day moving averages. Mentor Graphics Corp.'s 200-day moving average of $21.90 is above its 50-day moving average of $21.44. Additionally, the company's shares are trading at a PE ratio of 15.65 and have an RSI of 45.91. Sign up today to read free research on MENT at:

http://www.investor-edge.com/1564-MENT-23Apr2014.pdf

On Tuesday, Concur Technologies Inc.'s stock finished the session at 94.42, which was 2.24% higher than its previous day's closing price of $92.35. The stock recorded a trading volume of 0.65 million shares which was below its three months average volume of 0.79 million shares. The stock fluctuated between $92.60 and $94.88 during the trading session. Over the last one month and since the start of this year, Concur Technologies Inc.'s shares have fallen by 8.75% and 8.49%, respectively. However, the stock has gone-up 2.09% during the past three trading sessions. The stock is trading below its 50-day and 200-day moving averages. Concur Technologies Inc.'s 50-day moving average of $108.76 is above its 200-day moving average of $103.24. Moreover, the company's shares have an RSI of 39.25. Sign up today to read free research on CNQR at:

http://www.investor-edge.com/1564-CNQR-23Apr2014.pdf

PTC Inc.'s stock recorded a trading volume of 0.74 million shares, which was below its three months average volume of 0.84 million shares. The stock ended Tuesday's session at $35.15, up 1.27%, and registered an intraday trading range of $34.50 and $35.25. Over the past three trading sessions, shares in PTC Inc. have advanced 1.88%. However, the stock has lost 4.33% in the last one month and 0.68% since the start of this year. The stock is trading above its 200-day moving average. PTC Inc.'s 50-day moving average of $36.89 is above its 200-day moving average of $31.78. Further, the company's shares are trading at a PE ratio of 26.62 and have an RSI of 44.72. Sign up today to read free research on PTC at:

http://www.investor-edge.com/1564-PTC-23Apr2014.pdf


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