Amazon.com, Inc. (NASDAQ:AMZN) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 0.44% to $746.49. Amazon.com Inc. (AMZN) reported that it is offering a limited-time 20% discount on yearly Prime membership in anticipation of its new original series “The Grand Tour.” The show will debut on Fri. Nov. 18, and the discount, which brings the price down to $79, will be accessible starting Friday at midnight ET and ending at 11:59 om PT.
New episodes will be released weekly for 12 weeks. “The Grand Tour,” which stars Jeremy Clarkson, Richard Hammond and James May, will focus on autos. The show also has a tie-in to Amazon’s Alexa-enabled devices, with weekly trivia and random drawings taking place among Nov. 19 and Dec. 22. The share price of AMZN attracts active investors, as stock price of week volatility recorded 4.07%. The stock is going forward to its 52-week low with 57.49% and lagging behind from its 52-week high price with -11.89%.
Semtech Corporation (NASDAQ:SMTC) [Trend Analysis] surged reacts as active mover, shares a gain 5.01% to traded at $27.25 and the percentage gap among open changing to regular change was 0.00%. Semtech Corporation (SMTC) reported that it has executed a new credit contract consisting of a senior secured Term A loan facility in the principal amount of $150 million and a senior secured revolving credit facility in the principal amount of $250 million. This new credit contract amends and restates Semtech’s existing $400 million credit facility that was set to expire in May of 2018, and extends the maturity date to November 2021.
The financial terms of the new credit contract are same to those contained in the previous contract. Emeka Chukwu, Semtech’s Chief Financial Officer, stated “We were happy to be able to take advantage of the current favorable market conditions to execute the new credit contract. Under the new contract we were able to obtain several improved features which should provide additional operational flexibility.” The firm’s current ratio calculated as 3.40 for the most recent quarter.
The firm past twelve months price to sales ratio was 3.56 and price to cash ratio remained 7.48. As far as the returns are concern, the return on equity was recorded as 5.20% and return on investment was 2.70% while its return on asset stayed at 3.00%. The firm has total debt to equity ratio measured as 0.45.