(VIANEWS) – Shares of Snap (NYSE: SNAP) rose by a staggering 12.49% to $11.98 at 10:53 EST on Monday, after two successive sessions in a row of gains. NYSE is jumping 0.07% to $15,732.79, after three successive sessions in a row of gains. This seems, as yet, a somewhat positive trend trading session today.
Snap’s last close was $10.65, 73.24% below its 52-week high of $39.80.
About Snap
Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective; and advertising products, including AR ads and Snap ads comprises a single image or video ads, story ads, collection ads, dynamic ads, and commercials. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.
Earnings Per Share
As for profitability, Snap has a trailing twelve months EPS of $-0.63.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -44.88%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Snap’s stock is considered to be oversold (<=20).
Volume
Today’s last reported volume for Snap is 32722994 which is 4.02% above its average volume of 31456700.
Moving Average
Snap’s value is way higher than its 50-day moving average of $10.01 and higher than its 200-day moving average of $11.37.
More news about Snap (SNAP).
