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Why Investors Are Looking Into : (NASDAQ : ADBE), (NASDAQ : CSCO)


New York, NY -- (ReleaseWire) -- 06/19/2013 --Adobe Systems Inc. (NASDAQ: ADBE) stock traded in the range of $45.36 and $46.44 during its last trading session and opened the session at $46.40 respectively. It is currently trading at $46.20, up 6.55 percent from its previous close of $43.36. The trading volume of the stock stands at 7.952 million shares, marginally higher than the average trading volume of 3.624 million shares.

The stock is also trading above its 50 days SMA of $44.01 and 200 days SMA of $41.00. The market capitalization of the company stands at $23.16 billion along with an enterprise value of $19.37 billion. It is a software company based in California.

Find out more on ADBE here :

Cisco Systems, Inc. (NASDAQ: CSCO) stock opened the session at $24.77 and is currently trading at $24.80, down 0.10 percent from its previous close of $24.82. The downward movement of the stock recorded its trading volume as 8.943 million shares, significantly lower than the average trading volume of 40.530 million shares. The stock had traded in the range of $24.75 and $24.96 during its last trading session and recorded a high beta of 1.42.

The stock is trading above its 50 days SMA of $23.03 and its 200 days SMA of $21.32 respectively. The company has a market capitalization of $132.52 billion and is based in California.

Get the latest news and reports on CSCO here:

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