Benefitfocus, Inc. (NASDAQ: BNFT) observed trading -56.74% off 52-week high price. On the other end, the stock has been noted 14.99% away from low price over the last 52-weeks. The stock disclosed a move of 1.62% away from 50 day moving average and -32.17% away from 200 day moving average. Moving closer, we can see that shares have been trading 1.52% off 20-day moving average. It has market cap of $862.51M .
Benefitfocus, Inc. (NASDAQ: BNFT), a leading cloud-based benefits management platform and services provider, announced enhancements available on the Benefitfocus Platform powered by its artificial intelligence (AI) engine, BenefitSAIGE®. BenefitSAIGE is the intelligence engine enabling several capabilities such as Smart Moments, utilization reporting, plan modeling, cost analysis and data quality reporting.
With this announcement, medical carriers and voluntary benefits providers are equipped to offer an industry-leading AI-powered consumer benefits experience, featuring Smart Moments and Insights.
Benefitfocus President & CEO Ray August introduced the enhancements at Carrier Place 2019, the executive forum for leaders from the nation’s top health insurance carriers and voluntary and supplemental benefits providers held at The Sanctuary on Kiawah Island Golf Resort, at Kiawah Island, SC. In his keynote address, August highlighted the capabilities and value provided by BenefitSAIGE and emphasized the scale of AI-enabled operations demonstrated over the past week with >200K Smart Moment alert messages being generated by the MarketPlace Exchange integration engine.
“For our Benefitfocus MarketPlace customers, we are providing a unique opportunity to lead and innovate by leveraging the Benefitfocus platform. Our intelligent shopping experience clearly differentiates and adds value to our medical carrier customers by unlocking the power of their network through our AI-powered smart moments and insights,” August said. “The end result is the kind of personalized and trusted benefits shopping experience that consumers expect. This experience is now available to each consumer connected via the Benefitfocus platform.”
The USA based company Benefitfocus moved with change of 0.34% to $26.24 with the total traded volume of 186855 shares in recent session versus to an average volume of 416.47K. The stock was observed in the 5 days activity at 1.16%. The one month performance of stock was -0.61%. BNFT’s shares are at -1.91% for the quarter and driving a -38.62% return over the course of the past year and is now at -42.61% since this point in 2018. Right now the stock beta is 1.29. The average volatility for the week and month was at 5.51% and 3.89% respectively. There are 32.87M shares outstanding and 26.59M shares are floated in market.
Mark Fife – Category – Business
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