Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Shares Down 0.5%

Shares of Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) traded down 0.5% during trading on Wednesday . The company traded as low as $17.55 and last traded at $20.78. 29,277 shares traded hands during trading, an increase of 156% from the average session volume of 11,438 shares. The stock had previously closed at $20.89.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Stock Performance

The business’s 50 day simple moving average is $21.04 and its 200 day simple moving average is $19.62.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be paid a dividend of $0.5234 per share. This represents a $2.09 dividend on an annualized basis and a yield of 10.07%. The ex-dividend date of this dividend is Friday, April 12th.

About Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026

synchronoss technologies (nasdaq: sncr) is the mobile innovation leader that provides personal cloud solutions and software-based activation for connected devices across the globe. the company’s proven and scalable technology solutions allow customers to connect, synchronize and activate connected devices and services that empower enterprises and consumers to live in a connected world.