Momentum Stocks in Concentration: Extended Stay America, Inc. (NYSE:STAY), Veeva Systems Inc. (NYSE:VEEV)


Extended Stay America, Inc. (NYSE:STAY)

Extended Stay America, Inc. (NYSE:STAY) represented a move of 0.33 percent or $-0.18 per share and closed its previous day trading session at $18.2. 1.97 Million Shares were traded in the last trading session with an Average Volume of 1.49 Million Shares. The stock currently has a Market Capitalization of 3.42 Billion.

Extended Stay America, Inc. owns and operates hotels under the core brand, Extended Stay America(R). It is the owner/operator of company-branded hotels in North America. The Company offers guest rooms, dining services, on-site laundry, local phone calls, personalized voicemail, pools, fitness centers, and pet friendly accommodations. Extended Stay America, Inc. is headquartered in Charlotte, North Carolina.

The stock traded between $15.73 and $22.58 over 1-Year time period showing its price to sales ratio of 2.65. Extended Stay America, Inc. (NYSE:STAY) is currently showing an INCREASING volatility over a period of 10-Days while the 20-Days Volatility showing a DECREASING trend.

Right now, the stock has a 50-Day Simple Moving Average of $-0.82 and 200-Day Simple Moving Average of $-8.71. Its Price to Free Cash Flow is 16.27 and Price to Book of 4.07.

Analyst’s recommended the stock as 2 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Extended Stay America, Inc. (NYSE:STAY) reported its Actual EPS of $0.39/share. The analysts offering Earnings Estimates for the company were believing that Extended Stay America, Inc. could bring EPS of $0.37/share. The difference between Actual EPS and Estimated EPS was 0.02 Percent. Thus showing an Earnings Surprise of 5.4 Percent.

Veeva Systems Inc. (NYSE:VEEV)

In the last trading session, Veeva Systems Inc. (NYSE:VEEV) added its value by -2.56% closing at the price of $96.16. The stock currently has market capitalization of 14.26 Billion, with average volume of 1.45 Million shares.

Beta is also a factor of measure of the relative volatility of a particular stock to the market. Currently Veeva Systems Inc. (NYSE:VEEV) is showing beta of 1.63. This particular value of beta suggests that Veeva Systems Inc. (NYSE:VEEV) has historically moved 163% for every 100% move in the benchmark, based on price level.

EPS is another important factor while making the decision of buying, selling or holding of particular share. Currently EPS for Veeva Systems Inc. (NYSE:VEEV) is at $1.29.

The stock currently has RSI of 54.31. RSI is considered overbought when above 70 and oversold when below 30, currently the given RSI for the stock suggests that the stock is average and it has not entered in overbought or oversold territory.

Veeva Systems Inc. operates as a provider of industry-specific, cloud-based software solutions for the life sciences industry. It offers enterprise applications, a multichannel platform, customer relationship management, and content management solutions. The Company provides its solutions to pharmaceutical, animal health, and biotechnology companies. Veeva Systems Inc. is headquartered in Pleasanton, California.

Veeva Systems Inc. (NYSE:VEEV) topped its 52-week high price of $109.05 on 09/28/18 and 52-Week Low Price of $ 52.17 on 02/09/18. The Stock currently has P/E (price to earnings ttm) of 74.43 and Weekly volatility of 4.86% and monthly volatility of 4.72% respectively.