Credit Suisse downgraded Mentor Graphics (NASDAQ:MENT) from Outperform to Neutral in a report released today.
- Updated: November 28, 2016
Credit Suisse has downgraded Mentor Graphics (NASDAQ:MENT) from Outperform to Neutral in a report released on 11/28/2016.
Yesterday Mentor Graphics (NASDAQ:MENT) traded -0.30% lower at $36.76. The company’s 50-day moving average is $30.64 and its 200-day moving average is $24.38. The last stock close price is up 50.31% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 431,910 shares of the stock were exchanged, down from an average trading volume of 2,862,180
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Mentor Graphics has a 52 week low of $16.10 and a 52 week high of $37.03 with a P/E ratio of 63.74 The company’s market cap is currently $0.
About Mentor Graphics (NASDAQ:MENT)
Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools, which include computer software and emulation hardware systems used to automate the design, analysis and testing of complex electro-mechanical systems, electronic hardware and embedded systems software in electronic systems and components. The Company markets its products and services across the world, mainly to companies in the communications, computer, consumer electronics, semiconductor, networking, military and aerospace, multimedia and transportation industries. The electronic components and systems that the Company's customers create with its products include integrated circuits (ICs), printed circuit boards (PCBs), field programmable gate arrays (FPGAs), embedded software solutions and wire harness systems. It offers over five categories of similar products and services: Scalable Verification, IC Design to Silicon, Integrated System Design, New and Emerging Products, and Services and Other.
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