Amazon Web Services has enacted significant price cuts for the nineteenth time in 6 years in an attempt to ward off rivalry from the likes of Microsoft Azure and Rackspace.
The company wrote in a blog post late Monday that AWS works hard to trim their costs so that they can pass those savings back to their clients. They look to decrease hardware costs, enhance operational efficiencies, cut power consumption and innovate in many other parts of their business so they can be more competent. [article_latestnews_1]
The blog further stated that this has consequenced in a significant price drop for Amazon’s Elastic Compute Cloud (EC2), Relational Database Service (RDS), ElastiCache and Elastic Map Reduce.
Gener Amazon.com, Inc. (NASDAQ:AMZN) on March 07, 2012 increased +0.46% to the closing price of $181.09. The overall volume in the last trading session was 5.61 million shares. Its fifty two week range was $160.59-$246.71. The total market capitalization remained $82.41 billion.
AMZN is ahead its 52 week low with +77.41% and lagging behind from its 52 week high price with -68.49%. AMZN last month stock price volatility remained 7.45%. In its share capital AMZN has 30.43 million outstanding shares among them 29.39 million shares have been floated in market exchange. AMZN stock institutional ownership remained 13.99% while insider ownership included 0.20%.
The stock price of AMZN is moving down from its 20 days moving average with -4.93% and remote positively from 50 days moving average with +0.23%. AMZN current year earnings per share experienced an addition with -245.98% while its current quarter performance remained -4.98%. Company’s beta coefficient included -0.14. Beta factors measures the amount of market risk associated with market trade.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. galaxystocks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer ( http://galaxystocks.com/disclaimer) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold galaxystocks.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a media-advertisement and newswire company. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.
Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Entire Disclaimer Here