Traders Recap: Vonage Holdings Corp. (NYSE:VG) , Globe Specialty Metals Inc. (NASDAQ:GSM)

On 4/7/2017, Shares of Vonage Holdings Corp. (NYSE:VG) closed at $6.24 in last trading day. After noting the initial trading entry at $6.10, it reached to a day’s high of $6.24 and moved to a day’s low of $6.09. The recent daily volume was 1.75 million as contrast to it’s an average volume of 3.06 million.

Technical Indicators:

The last close of the Vonage Holdings Corp. stock reflects that it traded -1.31% from its 50-day moving average of $6.32. The stock traded below -5.49% to its 200-day MA of $6.60. Furthermore, it moved lower -20.81% from its 52-week high of $7.88 and +63.56% up from $3.82, which is 52-week low of the stock.

Vonage Holdings Corp.’s (VG) moved with shift of -1.27% in the past week. Over the last three months, the shares of the company have changed -15.22% and performed -5.02% over the last six months. The stock currently has Monthly Volatility of 3.04% and Weekly Volatility of 3.29%.

Vonage Holdings Corp. provides communications services connecting people through cloud-connected devices worldwide. It offers various business services, including basic dial tone, call queue, conferencing, call groups, mobile functionality, CRM integration, and detailed analytics, as well as Vonage Essential services. The company also provides home telephone replacement services through various service plans with basic features, such as voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, as well as area code selection, virtual phone number, and Web-enabled voicemail. Its primary home telephone offerings include Vonage World plan that offers unlimited domestic calling; calling to landline phones in approximately 60 countries; and calling to mobile phones in various countries, as well as Vonage North America plan for unlimited calling across the United States, Canada, Mexico, and Puerto Rico. In addition, the company provides Vonage-enabled devices, which allow customers to use the Internet connection for their computer and telephones at the same time; and high-speed broadband Internet service that allows calls over the Internet either from a telephone through a Vonage-enabled device, or through soft phone software, or mobile client applications. It sells its products through its sales agents, Websites, toll free numbers, and regional and national retailers for consumers and businesses in the United States, the United Kingdom, and Canada. As of December 31, 2016, it had approximately 2.3 million consumer subscriber lines and business seats. The company was incorporated in 2000 and is headquartered in Holmdel, New Jersey.

Globe Specialty Metals Inc. (NASDAQ:GSM) finalized the last transaction at value of $10.55, with a daily change of +2.63% or +0.27 points. The company maintained volume of 514.65 thousand shares. In past trading day, the stock hit the maximum price of $10.59 and touched to minimum value of $10.17. It has a market cap of $ 1.81B.

Technical Indicators:

As of last trade close, the stock is trading  downside -15.80% from its one year high of $12.53 and moved +37.55% upward from $7.67, which is one year low of the stock.

The stock traded below -3.03% from its 50-day moving average of $10.88. Furthermore, the stock moved up +3.69% to its 200-day MA of $ 10.18.

During the last month, Ferroglobe PLC’s (GSM) has changed 6.03% and performed 19.52% over the last 6 months. The mean rating score for this stock is at 1.60. 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 4.04% in recent month and observed Weekly Volatility of 3.09%.

Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. It operates in two segments, Electrometallurgy and Energy. The company offers silicon metal that is used by aluminum and silicone chemical producers, as well as used in the production of polysilicon; silicomanganese, which is used as deoxidizing agent in the steel manufacturing process; and ferromanganese, which is used as a deoxidizing, desulphurizing, and degassing agent in the removal of nitrogen and other harmful elements from steel, as well as powdered products. It also provides ferrosilicon products for use in the production of electrodes, stainless steel, carbon steel, and various other steel alloys; removal of oxygen from the steel; enhancing the quality and strength of iron and steel products, as well as in the production of aluminum; silico calcium for use in the deoxidation and desulfurization of liquid steel; nodularizers and inoculants, which are used in the production of iron; and silica fume that used in the production of concrete and mortar. In addition, it generates and supplies hydroelectric power; and operates quartz mines located in Spain and South Africa. As of December 31, 2015, the company operated 12 hydroelectric power plants with a combined power generation installed capacity of 192 megawatts in Spain; and 2 hydroelectric power plants with a combined installed capacity of 20 megawatts in France. Its customers include silicone chemical, aluminum and steel manufacturers, auto companies and their suppliers, ductile iron foundries, manufacturers of photovoltaic solar cells and computer chips, and concrete producers. The company was formerly known as VeloNewco Limited. Ferroglobe PLC was incorporated in 2015 and is headquartered in London, the United Kingdom. Ferroglobe PLC is a subsidiary of Grupo Villar Mir, S.A.

 

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