Aspen Technology, Inc. stock performance trend indicates that the stock price has rallied 9.46% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 26.89% . Looking at the past 52 week period, the stock price is up at 64.32% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Aspen Technology, Inc. has a positive value of 39.65 compared to overall market.Aspen Technology, Inc. is having a Relative Strength Index of 64.53 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Aspen Technology, Inc. (NASDAQ:AZPN) has climbed 1.52% in the past week and advanced 4.05% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.28% and the outperformance has advanced to 2.86% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. Aspen Technology, Inc. (NASDAQ:AZPN) : On Friday heightened volatility was witnessed in Aspen Technology, Inc. (NASDAQ:AZPN) which led to swings in the share price. The stock opened for trading at $58.48 and hit $59.79 on the upside , eventually ending the session at $59.37, with a gain of 1.28% or 0.75 points. The heightened volatility saw the trading volume jump to 1,852,984 shares. The 52-week high of the share price is $59.82 and the company has a market cap of $4,516 million. The 52-week low of the share price is at $34.4605 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Aspen Technology was Upgraded by Avondale to Mkt Outperform on Jan 27, 2017.
Company has reported several Insider transactions to the SEC, on Feb 21, 2017, Antonio J Pietri (President & CEO) sold 100 shares at 56.83 per share price.On Feb 13, 2017, Donald P Casey (director) sold 800 shares at 55.81 per share price.On Feb 9, 2017, Jr. Robert M. Whelan, (director) sold 700 shares at 54.21 per share price.
Aspen Technology Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.46. The company had revenue of $119.90 million for the quarter, compared to analysts expectations of $118.20 million. The companys revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 EPS.
Aspen Technology Inc. is a recognized expert and leading provider of award-winning process optimization software and services. AspenTechs integrated aspenONE solutions enable manufacturers to reduce costs, increase capacity, and optimize operational performance end-to-end throughout the engineering, plant operations, and supply chain management processes, resulting in millions of dollars in cost savings.