Snap Stock Is 10% Up So Far On Monday

(VIANEWS) – Shares of Snap (NYSE: SNAP) jumped by a staggering 10.14% to $12.11 at 12:37 EST on Monday, after two consecutive sessions in a row of losses. NYSE is dropping 0.79% to $15,873.34, following the last session’s downward trend. This seems, so far, a somewhat down trend exchanging session today.

Snap’s last close was $11.00, 86.8% under its 52-week high of $83.34.

About Snap

Snap Inc. operates as a camera company in North America, Europe, and internationally. The company offers Snapchat, a camera application with various functionalities, such as Camera, Communication, 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 -21.28%.

Volatility

Snap’s last week, last month’s, and last quarter’s current intraday variation average was 1.09%, 1.23%, and 3.38%.

Snap’s highest amplitude of average volatility was 6.83% (last week), 3.50% (last month), and 3.38% (last quarter).

Volume

Today’s last reported volume for Snap is 32079304 which is 0.99% above its average volume of 31764800.

Revenue Growth

Year-on-year quarterly revenue growth grew by 38.1%, now sitting on 4.41B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 80% and a negative 41.2%, respectively.

More news about Snap (SNAP).

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