Synchronoss Technologies Inc. (SNCR) experienced unusually high volume on Feb. 03, as the stock lost 8.55% to a closing price of $27.38. The stock saw 3.15 million shares trade hands over the course of the day on 18,403 trades. Given that the stock’s average daily volume over the last month has been 403,573 shares a day, this represents a pretty substantial spike over the norm.
Synchronoss Technologies Inc. has a P/B ratio of 2.03. It also has a P/E ratio of 28.6. The stock has traded between $52.45 and $27.86 over the last 52-weeks, its 50-day SMA is now $34.97, and its 200-day SMA $40.96.
Synchronoss Technologies Inc provides cloud solutions and software-based activation for connected devices. Its solutions include intelligent connectivity management & content synchronization, backup & sharing service procurement, provisioning, activation.
Headquartered in Bridgewater, NJ, Synchronoss Technologies Inc. has 1,804 employees and is currently under the leadership of CEO Stephen G. Waldis.
For a complete fundamental analysis analysis of Synchronoss Technologies Inc., check out Equities.com’s Stock Valuation Analysis report for SNCR. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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