Zacks Investment Research downgraded Mentor Graphics Corp (NASDAQ:MENT) to Sell in a report released today.
- Updated: October 8, 2016
Zacks Investment Research has downgraded Mentor Graphics Corp (NASDAQ:MENT) to Sell in a report released on 10/6/2016.
Previously on 8/18/2016, DA Davidson reported on Mentor Graphics Corp (NASDAQ:MENT) increased the target price from $0.00 to $24.00. At the time, this indicated a possible upside of 0.02%.
Yesterday Mentor Graphics Corp (NASDAQ:MENT) traded 0.80% higher at $26.44. The company’s 50-day moving average is $24.40 and its 200-day moving average is $21.82. The last closing price is up 21.29% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,599,626 shares of the stock traded hands, up from an average trading volume of 1,234,890
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Mentor Graphics Corp has a 52 week low of $16.10 and a 52 week high of $28.09 with a P/E ratio of 46.03 The company’s market cap is currently $0.
General Information About Mentor Graphics Corp (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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