SYNNEX Corporation (NYSE:SNX) shares were transacted unexpectedly with a volume of 1.11 million shares as compared to its average volume of 217,747.00 shares. SNX opened at $33.12 scored -7.85% closed $31.47. Its 52 week price range is $22.62 - $36.72.
SNX has earnings of $123.01 million and made $9.18 billion sales for the last 12 months. Its quarter to quarter sales remained 29.18%. The company has 36.31 million of outstanding shares and 24.64 million shares were floated in the market.
SNX has an insider ownership at 1.18% and institutional ownership remained 70.42%. Its return on investment (ROI) for the last 12 month was 10.35% as compare to its return on equity (ROE) of 12.93% for the last 12 months.
The price moved down -9.26% from the mean of 20 days, -8.63% from 50 and went up 7.69% from 200 days average price. Company’s performance for the week was -7.39%, -8.91% for month and yearly performance remained 7.52%.
Its price volatility for a month remained 2.66% whereas volatility for a week noted as 3.30% having beta of 1.16. Company’s price to sales ratio for last 12 months was 0.12 while its price to book ratio for the most recent quarter was 1.10 and its earnings before interest, tax, depreciation and amortization (EBITDA) remained 216.94 million for the past twelve months.
SYNNEX Corporation, a business process services company, provides services in distribution, contract assembly, and global business services. The company operates in two segments, Distribution Services and Global Business Services (GBS). The Distribution Services segment distributes information technology systems, peripherals, system components, software, networking equipment, and complementary products to various customers, such as value-added resellers, system integrators, and retailers, as well as provides assembly services to original equipment manufacturers (OEMs), including integrated supply chain management, build-to-order and configure-to-order system configurations, materials management, and logistics. The GBS segment offers various services comprising customer management, software development, and back office processing. This segment delivers its services through voice, chat, Web, email, and digital print. It also sells products complementary to these service offerings in China. In addition, SYNNEX Corporation offers various financial services, including net terms, third party leasing, floor plan financing, letters of credit, and arrangements to collect payments directly from the end-user; online services; and marketing services, as well as technical support services consisting of pre and post-sales support. The company serves resellers, retailers, and OEMs located worldwide. SYNNEX Corporation, formerly known as SYNNEX Information Technologies, Inc., was founded in 1980 is headquartered in Fremont, California.
