Stock NEWS Roundup: Envestnet Inc (NYSE:ENV)

Envestnet Inc (NYSE:ENV) stock traded volume of 494981 shares during its last trading session as compared to its average volume of 328200 shares over the recent month. ENV ended its day with the downstream along the move of -0.37% and closed at the price of $54.55 before opening at $54.35. It has total market capitalization is $2466522783. 52 week range of the stock remained $ 35.1 – 60.28 while its day lowest price was $53.65 and its hit its day highest price at $55. 3516 employees work in the Company. It has market cap of $2.46B.

 The stock was down in the 5 days activity -1.27%. The one month performance of stock was 1.02%. ENV shares are at -2.24% for the quarter and driving a 51.95% return over the course of the past year and is now at 9.43% since this point in 2018.  Right now ENV beta is 1.7. The average volatility for the week and month was at 3.43% 3.13% respectively. There are 45.01M shares outstanding and 44.00M shares are floated in market.

Envestnet | Yodlee (NYSE:ENV), a leading data aggregation and data analytics platform for digital financial services, is pleased to report and welcome Matt Cockayne, Vice President of Sales in Europe, the Middle-East and Africa (EMEA).  Mr. Cockayne comes with a wealth of experience having spent the last several years at Smart DCC and SunGard FIS where he was instrumental in managing revenue, P&L and business growth.  Matt’s earlier experience includes scaling and running the EMEA commodities business for SunGard FIS and leading EMEA delivery organisations at OpenLink International and Allegro Development. Matt started his career at Accenture and has a Masters in Science from Imperial College London.

Bill Parsons, SVP, Products and Data Analytics said “Matt is an experienced general manager with a proven track record of identifying key trends, building high-volume sales and revenue teams, and driving transformation while accelerating business growth”. “With his extensive work in management consulting and financial services, Matt brings a client-focused and deep understanding of the fintech ecosystem in the UK, EU and abroad. As our new VP of EMEA, there’s no one better to help accelerate our vision in the region.”

Matt aims to help Envestnet | Yodlee bring about innovative and flexible data aggregation solutions to both new and existing customers in the fast-paced and changing financial services environment in EMEA. Mr. Cockayne will be responsible for expanding Envestnet | Yodlee’s global sales footprint and identifying opportunities which unlock new business and revenue opportunities in the region. “The opportunity presented by Envestnet Yodlee to leverage a global market leading offering in EMEA is really exciting. I am really looking forward to helping grow our business in EMEA and help our customers succeed,” said Matt.

Shares of Envestnet, Inc. have been recently spotted trading -9.50% off of the 52-week high price. On the other end, company shares have been noted 55.41% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 35.10 – 60.28. Switching over to some distances from popular moving averages, we see that the stock has been recorded -2.02% away from the 50 day moving average and 4.36% away from the 200 day moving average. Moving closer, we can see that shares have been trading -2.01% off of the 20-day moving average.

Category – Hot Stocks

Mark Wilbanks studied a business degree majoring in finance and security analysis. He has a deep understanding of both technical and fundamental forms of analysis, he deeply believes that it makes a lot more sense for average investors to understand fundamental analysis, which he believes anyone can learn. Mark has over 10 years of experience as a professional journalist, writer and an editor. He holds a bachelor’s degree in International Business from University of Melbourne. He writes articles about hot stocks, dividend growth investing, options trading, investment decisions, stock selection, portfolio management, and passive income generation. Mark primarily reports on Hot Stocks category.

Email Contact: Mark@thenewsbloom.org

 

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