Worth Watching Stocks: Ringcentral, Inc. (NYSE:RNG) , Wesco Aircraft Holdings, Inc. (NYSE:WAIR)

On 4/19/2017, Shares of Ringcentral, Inc. (NYSE:RNG) closed at $29.45 in last trading day. After noting the initial trading entry at $29.10, it reached to a day’s high of $29.65 and moved to a day’s low of $29.10. The recent daily volume was 475.47 thousand as contrast to it’s an average volume of 697.96 thousand.

Technical Indicators:

The last close of the Ringcentral, Inc. stock reflects that it traded up +7.49% from its 50-day moving average of $27.40. The stock traded above +24.19% to its 200-day MA of $23.71. Furthermore, it moved lower -0.67% from its 52-week high of $29.65 and +65.17% up from $17.83, which is 52-week low of the stock.

During the last month, RingCentral, Inc.’s (RNG) has changed 5.56% and performed 38.26% 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 2.42% in recent month and observed Weekly Volatility of 1.83%.

April 13, 2017 RingCentral, Inc. (RNG), a leading provider of enterprise cloud communication and collaboration solutions,  announced that it will report financial results for the first quarter ended March 31, 2017 after market close on Tuesday, April 25, 2017. The company also announced that it will hold a conference call on the same day at 1:30 PM Pacific Time (4:30 PM Eastern Time) to discuss its quarterly financial results.

Wesco Aircraft Holdings, Inc. (NYSE:WAIR) finalized the last transaction at value of $11.80, with a daily change of -0.84% or -0.10 points. The company maintained volume of 449.04 thousand shares. In past trading day, the stock hit the maximum price of $12.00 and touched to minimum value of $11.75. It has a market cap of $ 1.17B.

Technical Indicators:

As of last trade close, the stock is trading  downside -25.20% from its one year high of $15.77 and moved +8.26% upward from $10.90, which is one year low of the stock.

The stock traded above +1.72% from its 50-day moving average of $11.60. Furthermore, the stock moved -12.25% to its 200-day MA of $ 13.45.

Wesco Aircraft Holdings, Inc.’s (WAIR) moved with shift of -2.48% in the past week. Over the last three months, the shares of the company have changed -20.54% and performed -6.94% over the last six months. The stock currently has Monthly Volatility of 2.78% and Weekly Volatility of 2.55%.

Wesco Aircraft Holdings, Inc. distributes aerospace bearing products and provides supply chain management services to the aerospace industry in the North America and internationally. Its services comprise traditional distribution, management of supplier relationships, quality assurance, kitting, just-in-time delivery, and point-of-use inventory management. The company supplies approximately 575,000 active stock-keeping units, including hardware, chemicals, electronic components, bearings, tools, and machined parts. Its hardware products comprise blind fasteners, panel fasteners, bolts and screws, clamps, hi lok pins and collars, hose assemblies, hydraulic fittings, inserts, lockbolts and collars, nuts, rivets, springs, valves, and washers; and chemicals, comprise adhesives, sealants and tapes, lubricants, oil and grease, paints and coatings, industrial gases, coolants and metalworking fluids, and cleaners and cleaning solvents. The company’s electronic components include connectors, relays, switches, circuit breakers, and lighted products; bearings consist of airframe control bearings, rod ends, spherical bearings, ball bearing rod ends, roller bearings, and bushings; and machined parts and other products comprise brackets, milled parts, shims, stampings, turned parts, and welded assemblies. Wesco Aircraft Holdings, Inc. is also involved in the installation of various products comprising air and hydraulic tools, as well as drill motors; provision of maintenance and repair services for tools; and rental or lease of tools. It serves original equipment manufacturers and their subcontractors, as well as industrial customers in the automotive, energy, pharmaceutical, and electronics sectors. The company was formerly known as Wesco Holdings, Inc. Wesco Aircraft Holdings, Inc. was founded in 1953 and is headquartered in Valencia, California.

 

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