Market Pulse of the Information Technology Sector -- Autodesk, Flextronics International, Broadcom Corporation, Cadence Design Systems and Analog Devices

NEW YORK, September 23, 2015 — (PRNewswire) —

ACI Association has initiated research coverage on the following equities: Autodesk, Inc.  (NASDAQ: ADSK), Flextronics International Ltd. (NASDAQ: FLEX), Broadcom Corporation (NASDAQ: BRCM), Cadence Design Systems, Inc. (NASDAQ: CDNS), Analog Devices, Inc. (NASDAQ: ADI). On Tuesday, September 22, 2015, Nasdaq ended at 4,756.72, down 1.50%, DOW declined 1.09% to finish the day at 16,330.47, and the S&P closed at 1,942.74, down 1.23%. Register for your complimentary reports at the links given below.    

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Autodesk Inc.    

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Autodesk Inc.'s stock edged lower by 1.01% to close Tuesday's session at USD 46.93. The company's shares oscillated between USD 46.34 and USD 47.45. The stock recorded a trading volume of 3.51 million shares, which was above its 52-week average volume of 2.47 million shares. Over the last three days Autodesk Inc.'s shares have advanced 0.32% and in the past one week the stock has moved up 0.66%. Furthermore, over the last three months the stock has lost 13.24% and in the past six months the shares have shed 23.15%. On a compounded total return basis, the company has shown a positive return of 0.66% in the past one week while a negative return of 9.33% was noticed in the past one month. The stock is at a price to book ratio of 5.58. The historical PB ratio is near to 5.52. Sign up and read the free notes on ADSK at:   http://www.aciassociation.com/ADSK.pdf  

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Flextronics International Ltd    

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The stock of Flextronics International Ltd lost 2.97% to close Tuesday's session at USD 10.44. The shares of the company moved in the range of USD 10.36 and USD 10.78. A trading volume of 3.17 million shares was recorded, which was lower than its 52-week average volume of 4.13 million shares. Over the last five days Flextronics International Ltd's shares have declined by 4.74% and in the past one month the stock has lost 2.70%. Additionally, over the last three months the stock has declined 13.58% and in the past six months the shares have registered a loss of 16.14%. The company stock has shown negative returns of 0.67% in the past one month and 14.07% in the last three months, on a compounded total return basis. Further, the company is trading at a price to earnings ratio of 11.47 and a price to book ratio of 2.42. This compares to a historical PE ratio of 12.48 and historical PB ratio of 3.02. Register for free on ACI Association and access the latest research on FLEX at:   http://www.aciassociation.com/FLEX.pdf  

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Broadcom Corp    

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Broadcom Corp's stock decreased by 1.12% to close Tuesday's session at USD 52.12. The company's shares fluctuated in the range of USD 51.79 and USD 52.40. A total of 3.05 million shares exchanged hands, which was lesser than its 50-day daily average volume of 5.55 million shares. Over the last three days Broadcom Corp's shares have declined by 2.54% and in the past one week the stock has moved down 3.12%. Furthermore, over the last three months the stock has lost 2.87% while in the past six months the shares have picked up 16.91%. Broadcom Corp has a current dividend yield of 1.06%. Further, the company is trading at a price to earnings ratio of 29.45 and the stock is at a price to book ratio of 3.29. The complete research on BRCM is available for free at:   http://www.aciassociation.com/BRCM.pdf  

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Cadence Design Systems Inc.    

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Cadence Design Systems Inc.'s stock added 0.62% to close Tuesday's session at USD 21.21. The company's shares oscillated between USD 20.73 and USD 21.25. The stock recorded a trading volume of 3.04 million shares, which was above its 50-day daily average volume of 2.55 million shares. Over the last five days Cadence Design Systems Inc.'s shares have advanced 0.33% and in the past one month the stock has gained a momentum of 3.62%. The company stock has returned 7.12% in the past one month and 23.53% in the past one year, on a compounded total return basis. Further, the company is trading at a price to earnings ratio of 29.05 and the stock is at a price to book ratio of 4.42. Free in-depth research on CDNS is available at: http://www.aciassociation.com/CDNS.pdf  

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Analog Devices Inc.    

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Analog Devices Inc.'s stock declined 2.56% to close Tuesday's session at USD 55.18. The share price vacillated between USD 55.03 and USD 56.38. The stock recorded a trading volume of 2.91 million shares, which was above its 52-week average volume of 2.48 million shares. Over the last three days Analog Devices Inc.'s shares have declined by 4.75% and in the past one week the stock has moved down 5.35%. Moreover, in the last six months the stock has lost 8.58% while year to date the shares have picked up 1.55%. Further, the company is trading at a price to earnings ratio of 24.63 and price to book ratio of 3.10. Additionally, the stock is trading at a price to cash flow ratio of 12.95 and price to sales ratio of 4.09. The complimentary notes on ADI can be downloaded in PDF format at:   http://www.aciassociation.com/ADI.pdf  

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