Home / Street Sector / Active Movers in Hot Line: Verizon Communications (NYSE:VZ), Photronics (NASDAQ:PLAB)

Active Movers in Hot Line: Verizon Communications (NYSE:VZ), Photronics (NASDAQ:PLAB)

Verizon Communications Inc. (NYSE:VZ) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.89% to close at $51.12 with the total traded volume of 15.93 Million shares. It was a strong digital Black Friday, according to Verizon Enterprise Solutions’ third yearly Verizon Retail Index. Recently’s report A Black Friday fitting for the digital set shows a nine percent year-over-year raise in ecommerce traffic amidother findings and is now accessible in Verizon’s Media Center. The Verizon Retail Index offers key insights into consumer ecommerce traffic during the holiday shopping season.

“Retailers have learned to engage consumers in a digital world given shopper response to Black Friday promotions,” stated Michele Dupré, group vice president for retail, distribution and hospitality with Verizon Enterprise Solutions. “The focus on refining the digital experience however must strike the right balance with engagement strategies that make stores destinations.” The Verizon Retail Index tracks ecommerce traffic across Verizon’s broadband networks to the top 25 U.S. -based online retailers as identified by eMarketer based on yearly income. The Index monitors network traffic all through the holiday shopping season, comprising during signature events such as Black Friday and Cyber Monday. The firm has institutional ownership of 64.10%, while insider ownership included 0.01%. Its price to sales ratio ended at 1.63. VZ attains analyst recommendation of 2.60 with week performance of 6.34%.

Photronics Inc. (NASDAQ:PLAB) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -1.44% to $10.25. Photronics, Inc. (NASDAQ: PLAB) reported that its majority owned subsidiary Photronics DNP Mask Corporation (PDMC) attained the Best Partner Award from United Microelectronics Corporation (UMC) for the second consecutive year in recognition of excellent performance and support as a photomask partner.

“This award from UMC recognizes the dedication and hard work by the team at PDMC to provide excellent consumer service while establishing Photronics as a photomask technology leader,” stated Peter Kirlin, chief executive officer. “UMC is an important partner to us and I am extremely proud of our team for this achievement. We look forward to building upon this mutually beneficial relationship as we each expand our manufacturing technology into 28 and 14 nanometers, and build our manufacturing presence in China.” The share price of PLAB attracts active investors, as stock price of week volatility recorded 4.76%. The stock is going forward to its 52-week low with 25.00% and lagging behind from its 52-week high price with -21.46%.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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