Finance

Notable News to Focus: Benefitfocus (NASDAQ:BNFT)

Benefitfocus (NASDAQ:BNFT) stock observed trading -82.68% off 52-week high price. On the other end, the stock has been noted 35.14% away from low price over the last 52-weeks. The stock disclosed a move of -39.75% away from 50 day moving average and -61.54% away from 200 day moving average. Moving closer, we can see that shares have been trading -7.01% off 20-day moving average. It has market cap of $265.66M.

On April 2, 2020, Benefitfocus (NASDAQ:BNFT) a leading cloud-based benefits management platform and services provider, is honoring human resource (HR) and benefits administration leaders and the work they are doing to help their colleagues navigate the COVID-19 pandemic. These leaders are traditionally recognized on National Employee Benefits Day, April 2.

HR and benefits leaders are often the first people employers and employees turn to in times of crisis, said Ray August, President and CEO of Benefitfocus. During this unprecedented time, we thank these leaders for their efforts, and every day.

Established by the International Foundation of Employee Benefits Plans, National Employee Benefits Day recognizes trustees, administrators, benefits practitioners and professional advisors for their dedication to providing quality benefits and the important role they play in their colleagues’ well-being.

Benefitfocus developed HR Heroes best practices, templates and worksheets, webinars, and materials that equip HR and benefits administrators to anticipate and answer employee and employer questions, streamline communication and processes, and act on real-time changes.

The USA based company Benefitfocus moved with change of 0.12% to $8.23 with the total traded volume of 372125 shares in recent session versus to an average volume of 556.85K shares. The stock was observed in the 5 days activity at -3.06%. The one month performance of stock was -32.54%. BNFT’s shares are at -60.79% for the quarter and driving a -82.27% return over the course of the past year and is now at -62.49% since this point in 2018.  Right now the stock beta is 1.46. The average volatility for the week and month was at 8.99% and 15.36% respectively. There are 32.28M shares outstanding and 29.48M shares are floated in market.

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