Shares of Amazon.com, Inc. (NASDAQ:AMZN) [Trend Analysis] swings enthusiastically in regular trading session, it an increase of 0.86% to close at $805.89. The Canadian unit of Amazon.com (AMZN) expected to pay a 1 million Canadian dollor fine to settle an investigation into pricing activities on its website that gave an inaccurate view of how much consumers could save, Canada’s competition watchdog said on Wednesday.
After a two-year investigation, the Competition Bureau found that Amazon’s practice of comparing its prices to regular prices on its Canadian site gave consumers the impression that the website was selling items at a price lower than the general market. The Competition Bureau said Amazon relied on its suppliers to provide list prices without verifying their accuracy and advertised the savings on its site and in other places. Amazon has already made changes to the way it advertises regular prices on its Canadian website to more accurately show potential savings, the watchdog said. Moving forward to saw long-term intention, the experts calculate Return on Investment of 5.90%. The stock is going forward its fifty-two week’s low with 70.02% and lagging behind from its 52-week’s high price with -4.88%. AMZN last month stock price volatility remained 1.58%.
MiX Telematics Limited (NYSE:MIXT) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -1.11% to 7.10 with around 45083 shares have changed hands in this session. MiX Telematics (MIXT) declared that oilfield services company Nine Energy Service, Inc. (Nine) has selected MiX Telematics to ensure that its fleet is fully compliant with the upcoming FMCSA ELD mandate.
“We knew we wanted to go beyond just basic compliance and really leverage fleet management and monitoring for the safety of our employees as well as for a competitive advantage,” said Brett Quigley, Director of Fleet & DOT Compliance at Nine. “As we explored options, MiX Telematics stood out for its emphasis on Service for Life and its integrated in-vehicle video, we felt video was a crucial piece of the safety puzzle. We’re excited to complete the MiX rollout and start to gain all the benefits of comprehensive fleet management.” The stock is going forward its fifty-two week’s low with 119.56% and lagging behind from its 52-week’s high price with -1.80%.
Similar, the positive performance for the quarter recorded as 9.81% and for the year was 91.05%, while the YTD performance remained at 15.99%. MIXT has Average True Range for 14 days of 0.25.