Home / Street Sector / Stocks in Concern on New Development: Amazon.com (NASDAQ:AMZN), Fulton Financial (NASDAQ:FULT)

Stocks in Concern on New Development: Amazon.com (NASDAQ:AMZN), Fulton Financial (NASDAQ:FULT)

Shares of Amazon.com, Inc. (NASDAQ:AMZN) [Trend Analysis] runs in leading trade, it moving down -1.74% to traded at $766.77. The firm has price volatility of 1.48% for a week and 2.35% for a month. Its beta stands at 1.45 times. Amazon.com Inc.’s stock dropped Monday, which should come as no surprise to investors despite reports of a big jump in sales during the busiest online shopping day of the year. Cyber Monday is a phrase that Shop.org coined in 2005, in an effort to create a Black Friday-like buzz for online retailers on the first Monday following Thanksgiving.

Although Cyber Monday is no longer a one-day event for many retailers, it is still on track to retain its position as the top online shopping day, according to Adobe Digital Insights. Narrow down four to firm performance, its weekly performance was 0.87% and monthly performance was -6.30%. The stock price of AMZN is moving up from its 20 days moving average with 0.12% and isolated negatively from 50 days moving average with -3.93%.

Several matter pinch shares of Fulton Financial Corporation (NASDAQ:FULT) [Trend Analysis], as shares plunging -2.19% to $17.85 with a share volume of 1.35 Million. Fulton Financial Corporation (NASDAQ: FULT) reported that its BOD  has authorized the payment of a special cash dividend of two cents per share on its ordinary stock. The special dividend is payable on December 15, 2016, to shareholders of record as of December 2, 2016.

Fulton paid quarterly cash dividends of nine cents per share in each of the first and q2s of 2016 and ten cents per share in each of the two subsequent quarters in 2016. The BOD is predictable to consider the next quarterly cash dividend at its December meeting. Fulton also reported that its BOD has extended the timeframe for its stock repurchase program, reported in October 2015, from December 31, 2016, to December 31, 2017. As permitted by securities laws and other legal requirements and subject to market conditions and other factors, purchases may be made from time to time in open market or privately negotiated transactions, comprising without limitation, through accelerated share repurchase transactions. The repurchase program may be discontinued at any time. The stock is going forward its 52-week low with 58.83% and moving down from its 52-week high price with -2.99%. To have technical analysis views, its debt to equity ratio of 0.17. The float short ratio was 2.93%, as compared to sentiment indicator; Short Ratio was 5.38.

 

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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