Home / Business / Active Momentum Stocks in New Buzz: Synovus Financial Corporation (NYSE:SNV), Facebook, Inc. (NASDAQ:FB)

Active Momentum Stocks in New Buzz: Synovus Financial Corporation (NYSE:SNV), Facebook, Inc. (NASDAQ:FB)

Synovus Financial Corporation (NYSE:SNV) [Trend Analysis] retains strong position in active trade, as shares scoring 1.98% to $32.92 in a active trade session, while looking at the shares volume, about 95386 shares have changed hands in this session. Synovus Financial Corp. (SNV) revealed that its third-quarter profit of $65.2 million. The bank, based in Columbus, Georgia, stated it had earnings of 51 cents per share. Earnings, adjusted for one-time gains and costs, came to 52 cents per share. The results exceeded Wall Street expectations.

The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. The holding firm for Synovus Bank posted income of $294.2 million in the period, which missed Street forecasts. Eight analysts surveyed by Zacks predictable $295.5 million. The firm has institutional ownership of 78.90%, while insider ownership included 0.90%. SNV attains analyst recommendation of 2.00 with week’s performance of -1.25%. Investors looking additional ahead will note that the Price to next year’s EPS is 10.54%.

Facebook, Inc. (NASDAQ:FB) [Trend Analysis] knocking active thrust in leading trading session, shares an raise of 1.02% to 129.88 with about 2.58 Million shares have changed hands in this session. Facebook (FB) reported that its Now Lets You Choose ‘Initial’ View for 360 Photos. 360-degree photos on Facebook are quickly becoming the new way to share an experience captured in stills with your family and friends. But capturing and uploading 360 photos can be a bit tedious and annoying, especially if the social media site chooses the initial viewing angle for you, which can make the scene look rather unattractive.

Facebook has rolled out a small yet important update that will allow you to choose the angle of a 360 photo that you want your friends to see in their feed. Earlier, if you uploaded a 360 photo, Facebook would randomly choose an angle as the ‘initial’ view, which might not show the most appealing aspect of the photo. But the new update now lets you choose the initial angle so that it is appeals to your friends who might then want to explore the photo additional rather than simply ignore it and move on. The stock is going forward its fifty-two week low with 45.33% and lagging behind from its 52-week high price with -1.59%.

Same, the positive performance for the quarter recorded as 5.45% and for the year was 30.57%, while the YTD performance remained at 22.85%. FB has Average True Range for 14 days of 1.61.


About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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