Synchronoss (SNCR) Is Up 8.99% in One Week: What You Should Know

Company Overview - Synchronoss (SNCR) currently holds a Momentum Style Score of B, indicating potential for strong performance based on recent trends [3] - The company has a Zacks Rank of 1 (Strong Buy), which is associated with a historical track record of outperforming the market [4] Price Performance - Over the past week, SNCR shares have increased by 8.99%, significantly outperforming the Zacks Internet - Software industry, which rose by 2.29% [6] - In a longer time frame, SNCR's shares have surged by 48.1% over the past month, compared to the industry's 2.89% [6] - Over the last quarter, SNCR shares have increased by 69.45%, and by 69.63% over the past year, while the S&P 500 has only moved 8.19% and 26.56%, respectively [7] Trading Volume - The average 20-day trading volume for SNCR is 122,961 shares, which serves as a useful indicator of market interest and price movement [8] Earnings Outlook - In the past two months, one earnings estimate for SNCR has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from $0.56 to $1.19 [10] - For the next fiscal year, two estimates have been revised upwards, with no downward revisions during the same period [10]