ANSYS Inc (ANSS)

[Gixene]

ANSYS Reaches New 52-Week High (ANSS)

By TheStreet Wire 11/30/11 - 10:50 AM EST

ANSYS (Nasdaq:ANSS) hit a new 52-week high Wednesday as it is currently trading at $61.12, above its previous 52-week high of $60.83 with 71,960 shares traded as of 10:25 a.m. ET. Average volume has been 458,900 shares over the past 30 days.

ANSYS has a market cap of $5.39 billion and is part of the technology sector and computer software & services industry. Shares are up 13.1% year to date as of the close of trading on Tuesday.

ANSYS, Inc. engages in the development and marketing of engineering simulation software and services used by engineers and designers in aerospace, automotive, manufacturing, electronics, biomedical, energy, and defense industries. The company has a P/E ratio of 30.2, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.