Stocks in Frontline Trades’ Choice : American Express (NYSE:AXP), Cameco Corporation (NYSE:CCJ)

Shares of American Express Company (NYSE:AXP) [Trend Analysis] runs in leading trade, it moving up 0.39% to traded at $72.31. The firm has price volatility of 1.14% for a week and 1.45% for a month. Its beta stands at 1.20 times. As an extension of firm’s multilayered strategy for fighting fraud, American Express (AXP) released it has acquired InAuth, a leading provider of mobile device authentication and intelligence solutions. InAuth’s technology is used by some of the largest financial institutions, banks, payment networks and merchants to reduce risk and help identify potential fraud utilizing its mobile-first device authentication capabilities.

The acquisition complements and enhances American Express’ comprehensive data analytics and fraud prevention capabilities, which have enabled the company to achieve the lowest fraud rates in the industry. The acquisition also positions the company to capture new opportunities as more consumer activity from payments to account origination and servicing moves to digital channels.

As commerce has increasingly shifted to online and mobile channels, so too has the risk of fraud. Seventy percent of U.S. merchants have experienced an increase in sales through online and mobile channels over the previous year, according to the 2016 American Express Digital Payments Security Survey. 1 At the same time, 60% of merchants declared having experienced fraud from online and mobile sales. Narrow down four to firm performance, its weekly performance was 1.15% and monthly performance was 10.38%. The stock price of AXP is moving up from its 20 days moving average with 1.57% and isolated positively from 50 days moving average with 8.28%.

Several matter pinch shares of Cameco Corporation (NYSE:CCJ) [Trend Analysis], as shares surging 1.74% to $9.93 with a share volume of 2.66 Million. Cameco (NYSE:CCJ) released that its board has appointed Kathryn J. Jackson, PhD as a director effective January 1, 2017 until the next annual general shareholders’ meeting where she will stand for election by the shareholders with the rest of the board.

Jackson, a resident of Sewickley, Pennsylvania, is a corporate director and a former senior vice-president and chief technology officer of RTI International Metals Inc. She has extensive senior management and board experience in highly technical industries including nuclear power generation. As senior vice-president and chief technology officer of RTI International Metals Inc. – a global supplier of titanium and specialty metal products that was recently acquired by Alcoa Corporation – Jackson had oversight of metallurgical technology, product and manufacturing activities. The stock is going forward its 52-week low with 34.01% and moving down from its 52-week high price with -25.30%. To have technical analysis views, liquidity ratio of a company was calculated 4.60 as evaluated with its debt to equity ratio of 0.28. The float short ratio was 3.21%, as compared to sentiment indicator; Short Ratio was 4.87.

 

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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