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Top Stock News Story: Guidewire Software, Inc. (NYSE:GWRE)

Guidewire Software, Inc. (NYSE:GWRE), completed the trade at a price of $90.72 after seeing a change of 3.13% that brought its market cap to $7.65 billion. Volatility for the week was 3.52%, which was 4.18% in the previous month. The company closed the session with a trading volume of 489.1 thousand shares, below from its average daily trading volume of 911.75 thousand. It has been generating revenue of $701.2 million while net income posted by the company in last 12 months was -$20.5 million.

Guidewire Software, Inc. (NYSE: GWRE) along with Guidewire PartnerConnect Solution partner  and in collaboration with FRISS, on April 21, 2020, announced the FRISS add-on for Fraud Detection, created using the Guidewire DevConnect developer environment, has successfully completed the Ready for Guidewire validation process and is available for download by Guidewire customers in the Guidewire Marketplace. Insurance fraud is a global issue. In the US alone, the cost of insurance fraud exceeds $40 billion per year, costing the average family hundreds in increased premiums (FBI). According to the ABI, 1,300 insurance scams were uncovered every day in the UK in 2018 with the average fraudulent act costing £12,000.

“Fraud detection tools are becoming increasingly important to insurers. With the strain on the global economy, experts are predicting a rise in fraud rates,” says Karlyn Carnahan, Head of Celent’s North American Property Casualty business. “Pre-integration of fraud tools into a claims or policy admin system allows insurers to rapidly deploy these capabilities and stay ahead of the projected rise in fraudulent claims.” FRISS’ add-on tackles insurance fraud by helping insurers automatically check claims for potential fraud and risks at multiple stages of the claim workflow in Guidewire ClaimCenter. Claim scoring results, including actionable insights, are available to claims adjustors directly within ClaimCenter. As an integrated part of an established workflow this add-on ensures claims are screened consistently and processed automatically and quickly. In addition, claims adjustors or investigators can provide feedback on the scoring that supports ongoing training and improvement of the fraud models employed.

“As an established Guidewire PartnerConnect Solution partner, we are pleased to offer a new automated fraud detection solution. Co-developed and validated with a joint customer, our add-on combines AI and machine-learning with out-of-the-box expert knowledge rules,” said Bas de Graaf, Global Partner Manager, FRISS. “This add-on supports both operational excellence and digitalization within the claims process, making processes more efficient without losing the necessary controls. Like Guidewire, FRISS has a singular focus on P&C insurance. The combination of a proven core platform provider like Guidewire and an insurtech like FRISS offers insurers the best of both worlds.”

When looking at performance, we see the stock demonstrating a weekly performance of 2.69% while keeping a monthly performance of 9.2%. Quarterly performance saw a drop of -18.36% and continued the negative trend with a yearly performance of -14.82% while showing YTD performance of -17.35% which was -19.65% for last six months. The 52-week range for the stock was 71.64 – 124.16 that put its current price at a premium of 26.63% to the 52-week low price whereas it is trading at a discount of -26.93% to the 52-week high price.

The Business Software & Services company is currently upholding a gross margin of 53.3% while maintaining a net profit margin of -2.9%. Operating margin for the last 12 months remained -5.3%. The company’s EPS for trailing 12 months is -$0.26 and it is estimated to be posting an EPS of -$0.05 for the current quarter. The Beta number showed the stock is subject to risk 25% more than the market as a whole. In the trailing twelve months, its return on assets (ROA) is -0.9% while ROE for the same period is -1.3% and have seen an average of 0.5% return on investment (ROI). The outstanding share count is 84.29 million shares but the size of available float is 82.8 million shares. The stock’s current price is lagging SMA-200 by -12.64% which is also 0.04% up from SMA-50. Reducing that period to a shorter term, we see the price is trailing 8.14% to the SMA-20.

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Under The Radar Stock News: Sonoco Products Company (NYSE:SON)

Sonoco Products Company (NYSE:SON), settled the day at a share price of $50.61 after seeing a rise of 2.41% that brought its market cap to $5.1 billion. The company closed the session with a trading volume of 488.66 thousand shares, below from its average daily trading volume of 648.98 thousand. It has been generating revenue of $5.33 billion while net income posted by the company in last 12 months was $298.6 million.

Sonoco Products Company (NYSE: SON), on Feb. 26, 2020, came announcing that its recently acquired subsidiary TEQ Thermoform Engineered Quality, a global manufacturer of thermoformed packaging, serving healthcare, medical device and consumer markets, will rename and brand all its manufacturing locations strictly as TEQ. This includes facilities across Europe, currently branded as Plastique. The legal name will become SONOCO TEQ, with the appropriate company type dependent on the region of the facility. In January 2020, Sonoco, one of the most sustainable, diversified global packaging companies, completed the acquisition of Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ). The comprehensive rebrand will unite manufacturing locations globally and focus on creating a more seamless customer experience. TEQ operates three thermoforming facilities as well as one extrusion operation in the United States, a thermoforming operation in the United Kingdom, and thermoforming and molded-fiber manufacturing in Poland. Each facility has state-of-the-art cleanroom capabilities enabling the production of sterile, barrier packaging systems for pharmaceuticals and medical devices. In addition, TEQ produces recyclable, molded-pulp-fiber packaging and thermoformed plastic packaging for multiple consumer products.

“The rebranding of TEQ Thermoform Engineered Quality and Plastique to the TEQ name displays the evolution of how our brands have grown more cohesive to address the needs of our mutual customers,” said Todd McDonald, director of sales and marketing for TEQ. Fibrepak, the fiber molding division of TEQ, will retain its own separate brand identity. Fibrepak uses the latest ‘Cure-In-The-Mold’ technology to produce the highest quality, most well-defined fiber packaging available. Products differ from traditional molded pulp packaging in several ways. For example, the packaging boasts a high tolerance that enables accurate registration to ensure a consistent fit. The process also allows for thin walls, defined hinges and a smooth premium finish. TEQ has recently made significant investments at all their business locations. This includes building ISO 7 controlled environments certified to ISO 13485 at the facilities in Nottingham, United Kingdom, and Poznan, Poland. The company has also added Kiefel KMD 78’s in both locations, making them one of the largest users of Kiefel thermoforming machines in the world. Additionally, an extrusion facility has been installed at the manufacturing facility in Huntley, Ill. This expansion will help provide proprietary materials: TEQethylene, TEQpropylene and TEQconnex.

When looking at performance, we see the stock demonstrating a weekly performance of 7.59% while keeping a monthly performance of 7.84%. Quarterly performance saw a drop of -13.12% and continued the negative trend with a yearly performance of -19.74% while showing YTD performance of -18% which was -13.83% for last six months.

The 52-week range for the stock was 37.30 – 66.57 that put its current price at a premium of 35.68% to the 52-week low price whereas it is trading at a discount of -23.98% to the 52-week high price. The Packaging & Containers company is currently upholding a gross margin of 19.8% while maintaining a net profit margin of 6.1%. Operating margin for the last 12 months remained 9%. The company’s EPS for trailing 12 months is $2.95 and its annual dividend yield is 3.4% with a payout ratio of 52.2%. It is estimated to be posting an EPS of $0.79 for the current quarter. The Beta number showed the stock is subject to risk -16% more than the market as a whole.

In the trailing twelve months, its return on assets (ROA) is 6.5% while ROE for the same period is 17.9% and have seen an average of 10.7% return on investment (ROI). The outstanding share count is 100.68 million shares but the size of available float is 99.77 million shares. The stock’s current price is lagging SMA-200 by -9.8% which is also 5.48% up from SMA-50. Reducing that period to a shorter term, we see the price is trailing 5.94% to the SMA-20. Volatility for the week was 2.86%, which was 4.32% in the previous month.

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Notable news to read: Chatham Lodging Trust (NYSE:CLDT)

Chatham Lodging Trust (NYSE:CLDT), ended the day at $6.17, a fall of -1.28 per cent and a share price that brought its market capitalization to $304.37 million. Volatility for the week was 10.93%, which was 14.79% in the previous month. The company closed the session with a trading volume of 491.07 thousand shares, below from its average daily trading volume of 493.27 thousand. It has been generating revenue of $328.3 million while net income posted by the company in last 12 months was $18.4 million.

In an effort to safeguard shareholders value, Chatham Lodging Trust (NYSE: CLDT) decided to temporarily suspend dividends. On March 17, 2020, company announced that it has suspended its monthly dividend and will not declare a March dividend which would have been paid in April.

Commenting on the decision, Jeffrey H. Fisher, Chatham’s president and chief executive officer said “Facing unprecedented operating conditions in the travel industry and little visibility, we believe it is most prudent to suspend our monthly dividend as a means of preserving shareholder value. We are hopeful that the effects from COVID-19 will prove to be short-term and people will have the confidence to resume travel sooner rather than later. Our teams at Chatham and Island Hospitality have the experience to persevere through these situations, and we are thankful to have this platform that enables us to move aggressively and quickly. We are working vigorously to maximize revenue, and we are aggressively cutting operating costs and deferring all non-essential capital expenditures to minimize the adverse effects on cash flow.”

When looking at performance, we see the stock demonstrating a weekly performance of -13.59% while keeping a monthly performance of 2.32%. Quarterly performance saw a drop of -64.96% and continued the negative trend with a yearly performance of -68.38% while showing YTD performance of -66.36% which was -65.45% for last six months. The 52-week range for the stock was 3.44 – 20.66 that put its current price at a premium of 79.36% to the 52-week low price whereas it is trading at a discount of -70.14% to the 52-week high price.

The REIT – Hotel/Motel company is currently upholding a gross margin of 74.6% while maintaining a net profit margin of 5.6%. Operating margin for the last 12 months remained 17.3%. The company’s EPS for trailing 12 months is $0.39 and its annual payout ratio is 335.7%. It is estimated to be posting an EPS of -$0.01 for the current quarter. The Beta number showed the stock is subject to risk 86% more than the market as a whole. In the trailing twelve months, its return on assets (ROA) is 1.3% while ROE for the same period is 2.4% and have seen an average of 4.2% return on investment (ROI).

The outstanding share count is 49.33 million shares but the size of available float is 45.86 million shares. The stock’s current price is lagging SMA-200 by -60.81% which is also -35.94% down from SMA-50. Reducing that period to a shorter term, we see the price is also lagging -2.67% to the SMA-20.

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Notable news popped up Friday: NanoViricides, Inc. (NYSE:NNVC)

NanoViricides, Inc. (NYSE:NNVC), closed the day at $6.45, a rise of 1.1 per cent and a stock price that brought its market cap to $45.41 million. The company closed the session with a trading volume of 496.75 thousand shares, below from its average daily trading volume of 3.65 million. Net income posted by the company in last 12 months was -$7.8 million.

NanoViricides, Inc. (NYSE: NNVC), on January 24, 2020, unveiled that it has completed an underwritten public offering (the “Offering”) with gross proceeds of $8.625 million before deducting underwriting discounts and other estimated offering expenses. The Offering included 2.5 million shares of the Company’s common stock, and 375,000 additional shares from the exercise of the underwriter’s option to purchase to cover over-allotments at the public offering price of $3.00 per share. Aegis Capital Corp. acted as sole bookrunner for the offering. The net proceeds to the Company after underwriter’s commission and agreed upon customary fees and expenses were approximately $7.78 million, before deducting the Company’s legal and accounting expenses related to the Offering. The Company intends to use the net proceeds to fund general corporate purposes and to fund ongoing operations and to repay certain accounts payable to related parties. This Offering was made pursuant to an effective registration statement on Form S-1 (No. 333-235306) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on January 09, 2020. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering have been filed with the SEC.

Sharing the market size for the treatment of shingles, company said that it is estimated to be around one billion dollars by various estimates. These estimates take into account the Shingrix® vaccine as well as existing vaccines. About 500,000 to 1million cases of shingles occur in the USA alone every year. The market size for our immediate target drugs in the HerpeCide™ program is variously estimated at billions to tens of billions of dollars. The Company believes that its dermal topical cream for the treatment of shingles rash will be its first drug heading into clinical trials. The Company believes that additional topical treatment candidates in the HerpeCide™ program, namely, HSV-1 “cold sores” treatment, and HSV-2 “genital ulcers” treatment are expected to follow the shingles candidate into IND-enabling development and then into human clinical trials. These additional candidates are based on NV-HHV-101, thereby maximizing return on investments and shareholder value.

When looking at performance, we see the stock demonstrating a weekly performance of 20.79% while keeping a monthly performance of 34.37%. Quarterly performance saw a drop of -23.67% but succeeded to record a yearly performance of 22.81% while showing YTD performance of 156.97% which was 176.82% for last six months.

The 52-week range for the stock was 1.27 – 19.20 that put its current price at a premium of 407.35% to the 52-week low price whereas it is trading at a discount of -66.41% to the 52-week high price. The Biotechnology company’s EPS for trailing 12 months is -$2.08 and it is estimated to be posting an EPS of $0.01 for the current quarter. The Beta number showed the stock is subject to risk 12% more than the market as a whole.

In the trailing twelve months, its return on assets (ROA) is -60% while ROE for the same period is -78.1%. The outstanding share count is 7.04 million shares but the size of available float is 6.31 million shares. The stock’s current price is trailing SMA-200 by 39.44% which is also -5.81% down from SMA-50. Reducing that period to a shorter term, we see the price is trailing 12.45% to the SMA-20. Volatility for the week was 17.92%, which was 11.40% in the previous month.

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Recent Stock News: RenaissanceRe Holdings Ltd. (NYSE:RNR)

RenaissanceRe Holdings Ltd. (NYSE:RNR), concluded the day at $141.13 after seeing a fall of -2.26% that brought its market cap to $6.33 billion. The Property & Casualty Insurance company is currently upholding a net profit margin of 16.8%. Operating margin for the last 12 months remained 24.1%. The company’s EPS for trailing 12 months is $16.24 and its annual dividend yield is 0.99% with a payout ratio of 8.4%. It is estimated to be posting an EPS of $4.27 for the current quarter.

On February 4, 2020, RenaissanceRe Holdings Ltd. (NYSE:RNR) and AXA Liabilities Managers (AXA LM) came to an agreement to acquire RenaissanceRe (UK) Limited (RRUKL). The acquisition, which is expected to close later this year, is subject to regulatory approval and will be made through an investment vehicle managed by AXA LM.  Formerly known as Tokio Millennium Re (UK) Limited, the UK run-off business was acquired by RenaissanceRe as part of its purchase of Tokio Millennium Re in 2018.  RRUKL primarily wrote motor, casualty, political risk, engineering and marine treaty business until 2015, when it was placed into run-off.  Gross reserves as at 30 September 2019 were £160M.

Talking about the agreement, Sylvain Villeroy du Galhau, CEO of AXA LM, said “I am delighted to announce that we reached an agreement with RenaissanceRe to acquire their UK run-off business. We are very pleased to continue our external development with this strategic acquisition. Once we have received the approval of the regulator, this 21st acquisition will foster our position as a leading provider of legacy solutions in the market.” Aditya Dutt, Senior Vice President of RenaissanceRe, said “We are pleased to enter into an agreement to sell the UK run-off business to AXA LM, a leading manager of legacy businesses. Divestiture of this legacy portfolio to a high-quality owner allows us to continue focusing on our core business segments.”

The Beta number showed the stock is subject to risk -49% more than the market as a whole. In the trailing twelve months, its return on assets (ROA) is 2.7% while ROE for the same period is 13.5% and have seen an average of 14.7% return on investment (ROI). The outstanding share count is 44.83 million shares but the size of available float is 43.43 million shares.

The stock’s current price is lagging SMA-200 by -22.51% which is also -12.89% down from SMA-50. Reducing that period to a shorter term, we see the price is also lagging -7.67% to the SMA-20. Volatility for the week was 3.65%, which was 4.76% in the previous month. The company closed the session with a trading volume of 493.77 thousand shares, below from its average daily trading volume of 399.66 thousand. It has been generating revenue of $4.19 billion while net income posted by the company in last 12 months was $703.5 million.

When looking at performance, we see the stock demonstrating a weekly performance of -10.27% while keeping a monthly performance of 3.86%. Quarterly performance saw a drop of -25.76% and continued the negative trend with a yearly performance of -6.82% while showing YTD performance of -28% which was -24.35% for last six months. The 52-week range for the stock was 113.27 – 202.68 that put its current price at a premium of 24.6% to the 52-week low price whereas it is trading at a discount of -30.37% to the 52-week high price.

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Notable news of the day: Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI), concluded the day at $26.07 after seeing a fall of -0.31% that brought its market cap to $1.74 billion. The Beta number showed the stock is subject to risk 36% more than the market as a whole. In the trailing twelve months, its return on assets (ROA) is 3.6% while ROE for the same period is 9.1% and have seen an average of 3.5% return on investment (ROI). The outstanding share count is 66.61 million shares but the size of available float is 66.61 million shares.

ANNAPOLIS, Md., April 23, 2020 / SELL SIDE ANALYST / — Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI), On April 15, 2020, announced a private offering of $350 million in aggregate principal amount of senior unsecured notes due 2025 (the “Notes”) by its indirect subsidiaries, HAT Holdings I LLC (“HAT I”) and HAT Holdings II LLC (“HAT II,” and together with HAT I, the “Issuers”). At issuance, the Notes will be guaranteed by the Company, Hannon Armstrong Sustainable Infrastructure, L.P., and Hannon Armstrong Capital, LLC.

The Company believes the Notes meet the environmental eligibility criteria for green bonds as defined by the International Capital Market Association’s Green Bond Principles. The Company intends to utilize the net proceeds of this offering to acquire or refinance, in whole or in part, eligible green projects, which include assets that are neutral to negative on incremental carbon emissions. In addition, these projects may include projects with disbursements made during the twelve months preceding the issue date of the bonds and those with disbursements to be made following the issue date. Prior to the full investment of such net proceeds, the Company intends to apply the proceeds to repay a portion of the outstanding revolving borrowings under the Company’s two senior secured credit facilities. For any net proceeds from the offering not used to repay these credit facilities, the Company intends to invest such net proceeds in interest-bearing accounts and short-term, interest-bearing securities which are consistent with the Company’s intention to continue to qualify for taxation as a REIT. Proceeds used to repay our credit facilities may be re-borrowed.

The stock’s current price is lagging SMA-200 by -10.89% which is also -7.05% down from SMA-50. Reducing that period to a shorter term, we see the price is trailing 18.27% to the SMA-20. Volatility for the week was 5.36%, which was 8.53% in the previous month. The company closed the session with a trading volume of 494.25 thousand shares, below from its average daily trading volume of 1.01 million. It has been generating revenue of $141.6 million while net income posted by the company in last 12 months was $80.2 million.

When looking at performance, we see the stock demonstrating a weekly performance of 8.44% while keeping a monthly performance of 41.45%. Quarterly performance saw a drop of -24.15% and continued the negative trend with a yearly performance of -2.4% while showing YTD performance of -18.99% which was -10.99% for last six months.

The 52-week range for the stock was 15.01 – 39.91 that put its current price at a premium of 73.68% to the 52-week low price whereas it is trading at a discount of -34.68% to the 52-week high price. The REIT – Diversified company is currently upholding a gross margin of 54.6% while maintaining a net profit margin of 56.6%. Operating margin for the last 12 months remained 63.5%. The company’s EPS for trailing 12 months is $1.22 and its annual dividend yield is 5.22% with a payout ratio of 107.9%. It is estimated to be posting an EPS of $0.37 for the current quarter.

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Notable News in Brief: Zebra Technologies Corporation (NASDAQ:ZBRA)

Zebra Technologies Corporation (NASDAQ:ZBRA), ended the day at $199.41, a rise of 3.4 per cent and a share price that brought its market capitalization to $10.77 billion. In the trailing twelve months, its return on assets (ROA) is 11.6% while ROE for the same period is 33.2% and have seen an average of 20.5% return on investment (ROI). The outstanding share count is 53.99 million shares but the size of available float is 52.49 million shares. The stock’s current price is lagging SMA-200 by -8.73% which is also -1.74% down from SMA-50. Reducing that period to a shorter term, we see the price is trailing 4.05% to the SMA-20.

LINCOLNSHIRE, Ill. & LAKELAND, Fla., April 23, 2020 / SELL SIDE ANALYST /– Zebra Technologies Corporation (NASDAQ: ZBRA), announced ON March 30, 2020 that Saddle Creek Logistics Services, an omnichannel supply chain solutions and third-party logistics provider, selected Zebra barcode scanning, mobile computing and barcode printing solutions to enhance worker productivity and increase customer satisfaction. In order to meet the changing needs of its customers and support its growing omnichannel supply chain operations, Saddle Creek selected Zebra’s Android™-based ergonomic TC8000 touch computers and ultra-rugged MC9300 mobile computers. The reliable TC8000 and MC9300 mobile computers have helped Saddle Creek increase productivity in their warehouse, picking and service areas. Workers can now fulfill orders more quickly, streamline processes and improve inventory management.

“Omnichannel fulfillment and logistics require a vast array of sophisticated technology solutions that help retailers, manufacturers and ecommerce companies get products where they need to be quickly and cost-effectively,” said Tony Hollis, Director Technology & Innovation, Saddle Creek Logistics Services. “Zebra’s mobility, scanning and printing solutions have been an integral part of our ability to modernize our operations, increase customer satisfaction and grow our business.” Saddle Creek also selected Zebra’s ET50 tablets and ultra-rugged DS3600 extended-range scanners for their durability and flexibility as a vehicle-mounted solution that allows warehouse workers and forklift operators to quickly replenish picking options and improve operational efficiency. The common Zebra DNA software architecture shared across these different purpose-built mobile devices allows Saddle Creek to seamlessly integrate data with its new cloud-based warehouse management system (WMS). Saddle Creek is also using Zebra’s DS9908-R scanner and ZT610 industrial series printer to speed up the scanning process, verify orders and print shipping labels to quickly fulfill requests.

“Saddle Creek Logistics Services has taken an innovative, forward-thinking approach to its usage of technology to leverage real-time information to power smarter decision making and enable an agile, connected supply chain – resulting in flawless fulfillment,” said Mark Wheeler, Director of Supply Chain Solutions, Zebra Technologies. “Zebra gives a performance edge to help third-party logistics providers succeed by maximizing operational efficiency to streamline workflows, improve asset utilization and accelerate productivity to increase profitability and meet rising customer expectations.”

Volatility for the week was 3.34%, which was 4.76% in the previous month. The company closed the session with a trading volume of 498.84 thousand shares, below from its average daily trading volume of 567.86 thousand. It has been generating revenue of $4.49 billion while net income posted by the company in last 12 months was $544million. When looking at performance, we see the stock demonstrating a weekly performance of 1.32% while keeping a monthly performance of 16.81%. Quarterly performance saw a drop of -21.41% and continued the negative trend with a yearly performance of -14.58% while showing YTD performance of -21.93% which was -3.1% for last six months. The 52-week range for the stock was 150.06 – 260.40 that put its current price at a premium of 32.89% to the 52-week low price whereas it is trading at a discount of -23.42% to the 52-week high price.

The Communication Equipment company is currently upholding a gross margin of 46.8% while maintaining a net profit margin of 12.1%. Operating margin for the last 12 months remained 15.4%. The company’s EPS for trailing 12 months is $10.05 and it  is estimated to be posting an EPS of $2.71 for the current quarter. The Beta number showed the stock is subject to risk 56% more than the market as a whole.

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Noteworthy Stock News: Paylocity Holding Corporation (NASDAQ:PCTY)

Paylocity Holding Corporation (NASDAQ:PCTY), ended the day at $94.89, a rise of 8.63 per cent and a share price that brought its market capitalization to $5.65 billion. The stock’s current price is lagging SMA-200 by -14.63% which is also -15.47% down from SMA-50. Reducing that period to a shorter term, we see the price is trailing 7.17% to the SMA-20. Volatility for the week was 6.91%, which was 8.51% in the previous month.

Paylocity Holding Corporation (NASDAQ:PCTY), on January 15, 2020, made announcement about its commitment to helping employers attract and retain the growing segment of Generation Z employees in the workforce as 2020 kicks off. Gen Z – defined by Pew Research as anyone born after 1997 – is often described as the largest and most ethnically diverse generation in American history. This generation grew up in the era of technology, the internet and social media, which mean their workplace experiences and expectations, are vastly different than their Millennial counterparts. By the end of this year, it’s projected that Gen Z will make up 24% of the global workforce. Paylocity’s current platform analytics indicate that Gen Z makes up 11% of its clients’ workforces today, and with this number expected to climb in the coming months, Paylocity will continue to monitor these insights to ensure its clients cater to this generation’s new set of behaviors, expectations and preferences in the workplace.

“Over the past few years, we’ve made substantial investments in optimizing our product suite to appeal to the modern worker,” said Ted Gaty, Senior Vice President of Product and Technology at Paylocity. “At Paylocity, we understand that Gen Z will demand greater personalization in how they move along their career journeys and interact with workplace technology. To this end, we’re helping our clients design automated experiences for payroll, learning and development, performance management and employee engagement that appeal to this generation.”

The company closed the session with a trading volume of 496.53 thousand shares, below from its average daily trading volume of 548.9 thousand. It has been generating revenue of $519million while net income posted by the company in last 12 months was $57.6 million. When looking at performance, we see the stock demonstrating a weekly performance of -6.06% while keeping a monthly performance of 21.04%. Quarterly performance saw a drop of -31.79% but succeeded to record a yearly performance of 4.26% while showing YTD performance of -21.47% which was -4.59% for last six months.

The 52-week range for the stock was 66.98 – 150.73 that put its current price at a premium of 41.66% to the 52-week low price whereas it is trading at a discount of -37.05% to the 52-week high price. The Application Software company is currently upholding a gross margin of 67.7% while maintaining a net profit margin of 11.1%. Operating margin for the last 12 months remained 11.1%. The company’s EPS for trailing 12 months is $1.04 and it is estimated to be posting an EPS of $0.71 for the current quarter.

The Beta number showed the stock is subject to risk 52% more than the market as a whole. In the trailing twelve months, its return on assets (ROA) is 2.9% while ROE for the same period is 18.7% and have seen an average of 16.9% return on investment (ROI). The outstanding share count is 59.58 million shares but the size of available float is 35.27 million shares.

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Important News Alert: First Financial Bankshares, Inc. (NASDAQ:FFIN)

First Financial Bankshares, Inc. (NASDAQ:FFIN), closed the day at $25.66, a rise of 6.83 per cent and a stock price that brought its market cap to $3.75 billion. Volatility for the week was 6.62%, which was 7.89% in the previous month. The company closed the session with a trading volume of 397.49 thousand shares, below from its average daily trading volume of 674.75 thousand. It has been generating revenue of $319.2 million while net income posted by the company in last 12 months was $164.8 million.

First Financial Bankshares, Inc (NASDAQ: FFIN), on January 2, 2020, came announcing completion of its acquisition of TB&T Bancshares, Inc. and its wholly owned subsidiary, The Bank & Trust of Bryan/College Station, Texas, effective January 1, 2020. First Financial’s banking operations now include 78 locations that span from Hereford in the Panhandle to Orange in southeast Texas. In accordance with the terms of the definitive agreement, First Financial issued approximately 6.3 million shares of First Financial common stock, with an approximate value of $220.3 million, to the shareholders of TB&T Bancshares, Inc. In addition, prior to closing, TB&T Bancshares, Inc. paid a special dividend to its shareholders totaling approximately $2.0 million in accordance with the definitive agreement. The purchase price was originally established based on a $30.28 price per share of First Financial’s common stock and totaled $190 million as of the close of business on the day both parties agreed to pricing. As of December 31, 2019, The Bank & Trust of Bryan/College Station had total assets of approximately $631.1 million, total loans of approximately $455.4 million and total deposits of approximately $551.9 million.

“We are excited to welcome the TB&T team into the First Financial family,” said F. Scott Dueser, Chairman, President and CEO of First Financial.  “This well-managed, high performing bank in the high growth Bryan/College Station market will be an excellent addition to our Company.  We are most impressed with the employees, officers, management and board of this quality bank, who share our same values, philosophies and commitment to outstanding customer service.” “With its larger size and successful track record, First Financial offers our customers new and expanded services and creates more opportunity for our employees,” said Timothy N. Bryan, Chairman and CEO of The Bank & Trust of Bryan/College Station.  “Our customers will continue to see the same friendly, local employees and the same strong commitment to the local community.  At the same time, we will be able to offer a broader range of banking products and services including expanded depository products, state-of-the-art mobile banking and treasury management services, a larger lending capacity and trust services.”

When looking at performance, we see the stock demonstrating a weekly performance of -9.23% while keeping a monthly performance of 8.18%. Quarterly performance saw a drop of -26.83% and continued the negative trend with a yearly performance of -15.29% while showing YTD performance of -26.89% which was -23.04% for last six months. The 52-week range for the stock was 20.70 – 36.45 that put its current price at a premium of 23.96% to the 52-week low price whereas it is trading at a discount of -29.6% to the 52-week high price.

The Regional – Southwest Banks company is currently upholding a net profit margin of 51.6%. Operating margin for the last 12 months remained 89.6%. The company’s EPS for trailing 12 months is $1.21 and its annual dividend yield is 1.87% with a payout ratio of 37%. It is estimated to be posting an EPS of $0.29 for the current quarter. The Beta number showed the stock is subject to risk -11% more than the market as a whole. In the trailing twelve months, its return on assets (ROA) is 2% while ROE for the same period is 14% and have seen an average of 20.6% return on investment (ROI).

The outstanding share count is 146.01 million shares but the size of available float is 136.08 million shares. The stock’s current price is lagging SMA-200 by -19.99% which is also -10.63% down from SMA-50. Reducing that period to a shorter term, we see the price is also lagging -0.95% to the SMA-20.

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Stock News to Know: LogMeIn, Inc. (NASDAQ:LOGM)

LogMeIn, Inc. (NASDAQ:LOGM), completed the trade at a price of $84.99 after seeing a change of -0.01% that brought its market cap to $4.12 billion. It has been generating revenue of $1.26 billion while net income posted by the company in last 12 months was -$14.6 million. When looking at performance, we see the stock demonstrating a weekly performance of 0.34% while keeping a monthly performance of 8.75%. Quarterly performance saw a drop of -1.35% but succeeded to record a yearly performance of 4.64% while showing YTD performance of -0.87% which was 22.27% for last six months.

LogMeIn (Nasdaq: LOGM), on April 16, 2020, in a press release stated that it is making it simple and safe for organizations to provide exceptional customer and employee experiences with enhanced visual support solutions. Building on LogMeIn’s industry leading remote support offer Rescue Lens, the new Rescue Live Lens elevates video-based support to the next level by eliminating the need to download and install an app, providing a more seamless and convenient user experience. The interactive, fully browser-based solution uses a mobile device’s camera to allow agents to quickly see, diagnose and resolve equipment issues remotely. Live Lens enables IT and field service teams to deliver instant, guided assistance to lower handle times and resolve issues faster. As the world employs social distancing strategies to combat the COVID-19 pandemic, the way businesses operate has changed. Nowhere is this felt more intensely than among internal IT teams and businesses that rely on field service teams to support their customers on-site. With Live Lens, LogMeIn is enabling organizations to practice social distancing, keeping their employees and customers out of harm’s way, while still maintaining a high level of service.

IT must handle new types of employee requests ranging from connecting a monitor in a home office to changing the ink on a printer or resetting a router while also being tasked with managing a virtual workforce infrastructure. With Live Lens, IT staff can easily handle these requests over video, essentially offering remote workers a virtual IT support desk right in their homes. Furthermore, this helps to eliminate the cost and productivity loss associated with sending hardware to a central location for diagnosis and repair. Meanwhile, field service teams that typically rely on being on-site to support customers must find new ways to diagnose and resolve issues without direct human contact. Live Lens not only enables in-the-field support teams to help customers from afar when direct contact is not possible, but it eliminates extraneous truck rolls in any instance where a problem can be solved remotely by virtually seeing the issue. This video support also allows less-experienced field service technicians to leverage the expertise of senior support teams or product experts for consultation from the field.

“In the midst of the COVID-19 outbreak, we are relying on technology more than ever to get work done remotely and that is creating new support needs that must be handled virtually,” said Anand Rajaram, Head of Product, Support Solutions at LogMeIn. “Live Lens gives IT support and field service teams a secret weapon to answer new and uncharted requests, from setting up remote workstations to troubleshooting a Wi-Fi router, cable modem or even diagnosing and resolving an issue with an at-home HVAC system. Live Lens is built to feel as if support staff are right there next to the employee or customer, seeing everything they see and helping them along the way.”

The 52-week range for the stock was 62.02 – 86.63 that put its current price at a premium of 37.04% to the 52-week low price whereas it is trading at a discount of -1.89% to the 52-week high price. The Application Software company is currently upholding a gross margin of 74.3% while maintaining a net profit margin of -1.2%. Operating margin for the last 12 months remained -0.1%. The company’s EPS for trailing 12 months is -$0.29 and its annual dividend yield is 1.53%. It is estimated to be posting an EPS of $1.2 for the current quarter. The Beta number showed the stock is subject to risk -18% more than the market as a whole. In the trailing twelve months, its return on assets (ROA) is -0.4% while ROE for the same period is -0.5% and have seen an average of -0.3% return on investment (ROI).

The outstanding share count is 48.46 million shares but the size of available float is 47.57 million shares. The stock’s current price is trailing SMA-200 by 10.29% which is also 1.83% up from SMA-50. Reducing that period to a shorter term, we see the price is trailing 2.5% to the SMA-20. Volatility for the week was 0.61%, which was 1.93% in the previous month. The company closed the session with a trading volume of 497.38 thousand shares, below from its average daily trading volume of 968.4 thousand.