Synchronoss Technologies Inc (NASDAQ:SNCR) shares, rose in value on Thursday, April 16, with the stock price down by -0.51% to the previous day’s close as strong demand from buyers drove the stock to $9.76.
Actively observing the price movement in the last trading, the stock closed the session at $9.81, falling within a range of $9.5 and $10.065. The value of beta (5-year monthly) was 1.775 whereas the PE ratio was 25.34 over 12-month period. Referring to stock’s 52-week performance, its high was $15.46, and the low was $6.02. On the whole, SNCR has fluctuated by -19.34% over the past month.
With the market capitalization of Synchronoss Technologies Inc currently standing at about $112.16 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-10.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SNCR’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of SNCR currently trading nearly -9.42% and -4.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.07, while the 7-day volatility ratio is showing 7.57% which for the 30-day chart, stands at 9.46%. Furthermore, Synchronoss Technologies Inc (SNCR)’s beta value is 1.83, and its average true range (ATR) is 0.99.
A comparison of Synchronoss Technologies Inc (SNCR) with its peers suggests the former has fared considerably weaker in the market. SNCR showed an intraday change of -0.51% in last session, and over the past year, it grew by 42.48%%.
Data on historical trading for Synchronoss Technologies Inc (NASDAQ:SNCR) indicates that the trading volumes over the past 10 days have averaged 81290.0 and over the past 3 months, they’ve averaged 80.45K. According to company’s latest data on outstanding shares, there are 11.07 million shares outstanding.
Nearly 12.13% of Synchronoss Technologies Inc’s shares belong to company insiders and institutional investors own 47.72% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.22 million shares as on 2025-03-31, resulting in a short ratio of 1.72. According to the data, the short interest in Synchronoss Technologies Inc (SNCR) stood at 271.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.1 million. The stock has risen by 1.67% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SNCR stock heading into the next quarter.
