Shares of Amazon.com, Inc. (NASDAQ:AMZN) [Trend Analysis] runs in leading trade, it moving down -0.92% to traded at $743.65. The firm has price volatility of 1.68% for a week and 2.29% for a month. Its beta stands at 1.45 times. Amazon’s (AMZN) ebook reader, Kindle will now support content in five Indian languages, comprising Hindi, Gujarati and Malayalam, a move that will help the US-based firm tap into the niche but growing ‘digital regional content’ market in India.
“We are adding thousands of digital books in Hindi, Tamil, Marathi, Gujarati and Malayalam, comprising the largest digital selection of best sellers, hundreds of exclusive titles and free classics to the Kindle Book Store,” Amazon Kindle Director (Content) Sanjeev Jha told PTI.
Readers can access these books on Kindle eReaders as well as the free Kindle apps for Android and iOS, he added. “Subscribers of Kindle Unlimited will also have access to the Indian language content. The new language selection is in addition to over three million books that are already accessible on the Kindle Book Store,” he stated. Narrow down four to firm performance, its weekly performance was -4.67% and monthly performance was -5.32%. The stock price of AMZN is moving down from its 20 days moving average with -2.44% and isolated negatively from 50 days moving average with -6.70%.
Several matter pinch shares of Enphase Energy, Inc. (NASDAQ:ENPH) [Trend Analysis], as shares moving down -0.89% to $1.11 with a share volume of 385570. Enphase Energy, Inc. (NASDAQ: ENPH) reported that its installation partner, Solaray Energy, has completed the installation of a rooftop solar photovoltaic (PV) system with the largest Enphase Storage System commissioned to date. The project was partly funded by an Environmental Performance Innovation Grant from the City of Sydney in alliance with the NSW Government’s Office of Environment and Heritage.
The solar PV system was installed in a multi-unit residential building operated by the student housing co-operative, Stucco, making it one of the first multi-dwelling apartment buildings in the world to combine solar, storage and software-based energy management. Stucco residents will benefit from individual metering capabilities set for each unit, receiving power bills for their consumption based on a Power Purchase Contract model where electricity is resold to them by Stucco. The stock is going forward its 52-week low with 13.27% and moving down from its 52-week high price with -75.33%. To have technical analysis views, liquidity ratio of a firm was calculated 1.50 as evaluated with its debt to equity ratio of 3.57. The float short ratio was 2.26%, as compared to sentiment indicator; Short Ratio was 1.70.