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Technical Insights on Stock Under the Information Technology Sector -- Ambarella, Adobe Systems, CA Inc., Canadian Solar, and Cognizant Technology Solutions

NEW YORK, September 29, 2015 /PRNewswire/ --

ACI Association has initiated research coverage on the following equities: Ambarella, Inc.  (NASDAQ: AMBA), Adobe Systems Incorporated (NASDAQ: ADBE), CA Inc. (NASDAQ: CA), Canadian Solar Inc. (NASDAQ: CSIQ), Cognizant Technology Solutions Corporation (NASDAQ: CTSH). On Monday, September 28, 2015, Nasdaq ended at 4,543.97, down 3.04%, Dow Jones declined 1.92%, to finish the day at 16,001.89, and the S&P closed at 1,881.77, down 2.57%. Register for your complimentary reports at the links given below.  

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Ambarella Inc.  

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Ambarella Inc.'s stock edged lower by 5.69% to close Monday's session at USD 55.04. The company's shares oscillated between USD 54.67 and USD 58.42. The stock recorded a trading volume of 3.60 million shares, which was below its 50-day daily average volume of 3.65 million shares and above its 52-week average volume of 2.62 million shares. Over the last three days, Ambarella Inc.'s shares have declined by 12.06% and in the past one week it has moved down 17.78%. On a compounded total return basis, the company has given a negative return of 17.78% in the past one week, and 42.85% in the past one month. Further, the company is trading at a price to earnings ratio of 23.52. This compares to a historical PE ratio of 35.31. Sign up and read the free notes on AMBA at:  http://www.aciassociation.com/AMBA.pdf  

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Adobe Systems Inc.  

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The stock of Adobe Systems Inc. lost 3.14% to close Monday's session at USD 80.52. The shares of the company moved in the range of USD 80.03 and USD 83.00. A trading volume of 3.44 million shares was recorded, which was greater than its 150-day daily average volume of 2.91 million shares. Over the last five days, Adobe Systems Inc.'s shares have declined by 3.36% while in the past one month, it has gained a momentum of 4.13%. Additionally, over the last three months, the stock has declined 0.94% while in the past six months, the shares have registered a profit of 9.40%. The company has returned 1.41% in the past one month, on a compounded total return basis. Further, the stock is trading at a price to cash flow ratio of 35.21 and price to sales ratio of 8.80.Register for free on ACI Association and access the latest research on ADBE at:  http://www.aciassociation.com/ADBE.pdf

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CA Inc.  

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CA Inc.'s stock decreased by 2.30% to close Monday's session at USD 26.73. The company's shares fluctuated in the range of USD 26.71 and USD 27.35. A total of 3.11 million shares exchanged hands, which surpassed its 50-day daily average volume of 3.09 million shares. Over the last three days CA Inc.'s shares have declined by 2.20% and in the past one week it has moved down 3.68%. The company has given a negative return of 9.70% in the past three months, and 15.73% in the last half year, on a compounded total return basis. CA Inc. has a current dividend yield of 3.65%. Further, the company is trading at a price to earnings ratio of 14.07 and the stock is at a price to book ratio of 2.04. This compares to a historical PE ratio of 17.93. The historical PB ratio is near to 2.52. The complete research on CA is available for free at:  http://www.aciassociation.com/CA.pdf

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Canadian Solar Inc.  

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Canadian Solar Inc.'s stock slipped by 7.69% to close Monday's session at USD 15.72. The stock recorded a trading volume of 3.02 million shares, which was above its 50-day daily average volume of 2.50 million shares and above its 52-week average volume of 2.91 million shares. Over the last five days, Canadian Solar Inc.'s shares have declined by 17.44% and in the past one month, it has lost 8.60%. In addition, over the last three months, the stock has lost 44.35% and year to date, the shares have shed 35.01%. Further, the company is trading at a price to earnings ratio of 3.59 and the stock is at a price to book ratio of 1.11. Additionally, the stock is trading at a price to cash flow ratio of 2.62 and price to sales ratio of 0.26. Free in-depth research on CSIQ is available at:  http://www.aciassociation.com/CSIQ.pdf  

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Cognizant Technology Solutions Corp  

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Cognizant Technology Solutions Corp's stock declined 2.04% to close Monday's session at USD 60.04. The share price vacillated between USD 59.91 and USD 61.49. Over the last three days Cognizant Technology Solutions Corp's shares have declined by 3.55% and in the past one week it has moved down 4.43%. Moreover, in the last six months, the stock has lost 5.21% while year to date, the shares have picked up 14.01%. On a compounded total return basis, the company has returned 35.32% in the past one year. Further, the company is trading at a price to earnings ratio of 24.31 and at a price to book ratio of 4.28. This compares to a historical PE ratio of 22.41. The historical PB ratio is near to 4.15. The complimentary notes on CTSH can be downloaded in PDF format at:  http://www.aciassociation.com/CTSH.pdf  

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