Momentum Stocks in Focus: AutoZone, Inc. (NYSE:AZO) , Synchronoss Technologies, Inc. (NASDAQ:SNCR)

On 4/19/2017, Shares of AutoZone, Inc. (NYSE:AZO) closed at $697.57 in last trading day. After noting the initial trading entry at $693.33, it reached to a day’s high of $711.34 and moved to a day’s low of $693.33. The recent daily volume was 458.16 thousand as contrast to it’s an average volume of 380.37 thousand.

Technical Indicators:

The last close of the AutoZone, Inc. stock reflects that it traded -2.33% from its 50-day moving average of $714.22. The stock traded below -7.00% to its 200-day MA of $750.06. Furthermore, it moved lower -14.88% from its 52-week high of $819.54 and +1.91% up from $684.48, which is 52-week low of the stock.

During the last month, AutoZone, Inc.’s (AZO) has changed -4.41% and performed -7.60% over the last 6 months. The mean rating score for this stock is at 2.10. This rating scale contains from 1 to 5 with 5 representing a Strong Sell, 1 signifying a Strong Buy and 3 demonstrating a Hold. The Volatility was noted at 1.42% in recent month and observed Weekly Volatility of 1.43%.

AutoZone, Inc. retails and distributes automotive replacement parts and accessories. It offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. The company also provides A/C compressors, batteries and accessories, belts and hoses, calipers, carburetors, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, thermostats, starters and alternators, and water pumps. In addition, it offers maintenance products comprising antifreeze and windshield washer fluids; brake drums, rotors, shoes, and pads; brake and power steering fluids, and oil and fuel additives; oil and transmission fluids; oil, air, fuel, and transmission filters; oxygen sensors; paints and accessories; refrigerants and accessories; shock absorbers and struts; spark plugs and wires; and windshield wipers, as well as discretionary products, such as air fresheners, cell phone accessories, drinks and snacks, floor mats and seat covers, interior and exterior accessories, mirrors, performance products, protectants and cleaners, sealants and adhesives, steering wheel covers, stereos and radios, tools, and wash and wax products. Further, the company provides a sales program that offers commercial credit and delivery of parts and other products. Additionally, it sells automotive diagnostic and repair software under the ALLDATA brand through alldata.com and alldatadiy.com; automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com; and accessories, performance, and replacement parts through autoanything.com. As of February 28, 2017, the company operated 5,346 stores in the United States, including Puerto Rico; 491 stores in Mexico; 9 stores in Brazil; and 26 Interamerican Motor Corporation branches. AutoZone, Inc. was founded in 1979 and is based in Memphis, Tennessee.

Synchronoss Technologies, Inc. (NASDAQ:SNCR) finalized the last transaction at value of $24.45, with a daily change of +0.12% or +0.03 points. The company maintained volume of 435.36 thousand shares. In past trading day, the stock hit the maximum price of $24.82 and touched to minimum value of $24.30. It has a market cap of $ 1.08B.

Technical Indicators:

As of last trade close, the stock is trading  downside -51.04% from its one year high of $49.94 and moved +6.07% upward from $23.05, which is one year low of the stock.

The stock traded below -2.89% from its 50-day moving average of $25.18. Furthermore, the stock moved -32.08% to its 200-day MA of $ 36.00.

Synchronoss Technologies, Inc.’s (SNCR) moved with shift of 0.91% in the past week. Over the last three months, the shares of the company have changed -35.57% and performed -33.52% over the last six months. The stock currently has Monthly Volatility of 3.16% and Weekly Volatility of 2.29%.

Synchronoss Technologies, Inc. provides cloud solutions and software-based activation for connected devices worldwide. The company’s products and services include cloud-based sync, backup, storage and content engagement capabilities, broadband connectivity solutions, analytics, white label messaging, and identity/access management that enable communications service providers, cable operators/multi-services operators, original equipment manufacturers with embedded connectivity, and multi-channel retailers, as well as other customers to accelerate and monetize value-add services for secure and broadband networks and connected devices. It also provides Synchronoss Enterprise solutions, such as secure mobility management, data and analytics, and identity and access management solutions for the financial, telecommunications, healthcare, life sciences, and government sectors; and Synchronoss Personal Cloud platform that delivers an operator-branded experience for subscribers to backup, restore, synchronize, and share their personal content across smartphones, tablets, computers, and other connected devices. In addition, the company offers software as a service for the organizations to securely manage, control, track, search, exchange, and collaborate on sensitive information inside and outside the firewall. Its products and platforms are designed to enable multiple converged communication services to manage across a range of distribution channels, such as e-commerce, m-commerce, telesales, customer stores, indirect, and other retail outlets. The company markets and sells its services through direct sales force and strategic partners. Synchronoss Technologies, Inc. was founded in 2000 and is headquartered in Bridgewater, New Jersey.

 

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