Home / Business / Active Momentum Stocks in New Buzz- Amazon.com, Inc. (NASDAQ:AMZN), Cheniere Energy, Inc. (NYSE:LNG)

Active Momentum Stocks in New Buzz- Amazon.com, Inc. (NASDAQ:AMZN), Cheniere Energy, Inc. (NYSE:LNG)

Shares of Amazon.com, Inc. (NASDAQ:AMZN) [Trend Analysis] swings enthusiastically in regular trading session, it an raise of 1.00% to close at $837.31. Amazon (AMZN) reported that it is holding the Great Indian Sale 2016 from Saturday, and if you download the Amazon app, you can get additional benefits during the sale. Amazon India is offering HDFC bank consumers 15 percent additional cashback – on top of the existing discounts – if you shop via the app, with 10 percent additional cashback if purchases are made via the Amazon website during the Great Indian Sale.

What’s more, if you shop for Rs. 6,000 or more during the first two days of the sale using a HDFC card, Amazon gift card, or if you are a ICICI consumer, you will also get a free Amazon gift card worth Rs. 600. HDFC debit card consumers will also get additional 5 percent cashback as reward points on all five days of the Amazon Great Indian Sale. These offers are valid of both the app and the website. Moving forward to saw long-term intention, the experts calculate Return on Investment of 5.90%. The stock is going forward its fifty-two week low with 76.65% and lagging behind from its 52-week high price with -0.02%. AMZN last month stock price volatility remained 1.36%.

Cheniere Energy, Inc. (NYSE:LNG) [Trend Analysis] knocking active thrust in leading trading session, shares an raise of 0.53% to 43.60 with about 6.18 Million shares have changed hands in this session. Cheniere Energy, Inc. (LNG) released that it has submitted a proposal to takeover the shares not already owned of Cheniere Energy Partners LP Holdings, LLC (CQH) in a stock for stock exchange. The proposed consideration represents a value of $21.90 per ordinary share of Cheniere Partners Holdings. Subject to negotiation and execution of a definitive contract, Cheniere is proposing consideration of 0.5049 Cheniere shares for each outstanding publicly-held share of Cheniere Partners Holdings.

The proposed consideration represents a premium of about 3.0% over the closing price of Cheniere Partners Holdings’ shares, based on the closing prices of Cheniere Partners Holdings’ shares and of Cheniere’s shares as of September 29. It also represents a premium of about 7% over the 30-trading day average CQH / LNG exchange ratio as of September 29. The stock is going forward its fifty-two week low with 91.23% and lagging behind from its 52-week high price with -20.66%.

Same, the positive performance for the quarter recorded as 12.81% and for the year was -12.80%, while the YTD performance remained at 17.05%. LNG has Average True Range for 14 days of 1.44.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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