Momentum Stocks in Focus: Verizon Communications Inc. (NYSE:VZ) , Dupont Fabros Technology, Inc. (NYSE:DFT)

On 4/11/2017, Shares of Verizon Communications Inc. (NYSE:VZ) closed at $48.70 in last trading day. After noting the initial trading entry at $48.51, it reached to a day’s high of $48.75 and moved to a day’s low of $48.29. The recent daily volume was 13.1 million as contrast to it’s an average volume of 15.43 million.

Technical Indicators:

The last close of the Verizon Communications Inc. stock reflects that it traded -1.66% from its 50-day moving average of $49.52. The stock traded below -2.77% to its 200-day MA of $50.09. Furthermore, it moved lower -14.49% from its 52-week high of $56.95 and +5.85% up from $46.01, which is 52-week low of the stock.

Verizon Communications Inc.’s (VZ) moved with shift of -0.06% in the past week. Over the last three months, the shares of the company have changed -6.59% and performed -0.76% over the last six months. The stock currently has Monthly Volatility of 1.07% and Weekly Volatility of 1.04%.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers wireless voice and data services; Internet access on various smart and basic phones, notebook computers, and tablets; and multimedia access, business-focused, location-based, global data, home phone handsets, and high-speed Internet services, as well as network access and value added services to support wireless connections for the Internet of Things (IoT). This segment also provides IoT services that support devices used in fleet management and telematics, energy, agricultural technology, and smart community markets; and wireless devices, such as smartphones and basic phones, tablets, and other Internet access devices. As of February 11, 2016, it had 114.2 million retail connections. The company’s Wireline segment offers high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as Voice over Internet protocol services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services that include collocation and managed hosting services; cloud services, which comprise computing, storage, backup, recovery, and application platforms; and business communications services. This segment also provides data security, voice and data, cloud and IT, business communications, IoT, and mobility services; and data, voice, local dial tone, and broadband services primarily to local, long distance, wireless, and other carriers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is headquartered in New York City, New York.

Dupont Fabros Technology, Inc. (NYSE:DFT) finalized the last transaction at value of $51.25, with a daily change of +0.87% or +0.44 points. The company maintained volume of 493.87 thousand shares. In past trading day, the stock hit the maximum price of $51.25 and touched to minimum value of $50.60. It has a market cap of $ 3.86B.

Technical Indicators:

As of last trade close, the stock is trading  downside -1.50% from its one year high of $52.03 and moved +36.52% upward from $37.54, which is one year low of the stock.

The stock traded above +3.82% from its 50-day moving average of $49.37. Furthermore, the stock moved up +14.03% to its 200-day MA of $ 44.95.

During the last month, DuPont Fabros Technology, Inc.’s (DFT) has changed 8.62% and performed 31.70% over the last 6 months. The mean rating score for this stock is at 2.20. 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 2.04% in recent month and observed Weekly Volatility of 1.66%.

DuPont Fabros Technology, Inc., a real estate investment trust (REIT), engages in the ownership, acquisition, development, operation, management, and lease of large-scale data center facilities in the United States. The company leases its data centers to the American and international technology companies to house, power, and cool the computer servers that support their critical business processes. It also provides certain technical services to tenants, including layout design and installation of electrical power circuits, data cabling, server cabinets and racks, computer room airflow analyses, and monitoring. As of December 31, 2011, the company owned and operated seven data centers located in Northern Virginia; one data center in suburban Chicago, Illinois; one data center in Piscataway, New Jersey; one data center in Santa Clara, California. DuPont Fabros Technology, Inc. has elected to be taxed as a REIT. As a REIT, it would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2007 and is headquartered in Washington, District of Columbia.

 

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