Akamai Technologies Inc. (AKAM) Dips 2.72% for February 02

Equities Staff  |

Among the S&P 500’s biggest fallers on Friday February 02 was Akamai Technologies Inc. (AKAM). The stock experienced a 2.72% decline to $65.72 with 1.48 million shares changing hands.

Akamai Technologies Inc. started at an opening price of 67.28 and hit a high of $67.30 and a low of $65.37. Ultimately, the stock took a hit and finished the day at $1.84 per share. Akamai Technologies Inc. trades an average of 2.31 million shares a day out of a total 169.15 million shares outstanding. The current moving averages are a 50-day SMA of $62.24 and a 200-day SMA of $53.23. Akamai Technologies Inc. hit a high of $71.34 and a low of $44.65 over the last year.

Akamai Technologies Inc is a United States based company which provides cloud services for delivering, optimizing and securing online content and business applications.

With its headquarters located in Cambridge, MA, Akamai Technologies Inc. employs 6,490 people. After today’s trading, the company’s market cap has fallen to $11.12 billionAs for its value, has a P/E ratio of <40.7, a P/S of 6.21, a P/B of 3.4, and a P/FCF of 51.7.

To dig deeper into the fundamentals of Akamai Technologies Inc. and perform your own analysis, visit our Stock Valuation Analysis tool for AKAM.

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to learn more about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading Stocks today.

For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Akamai Technologies Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: AKAM’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
GOOG

     
XOM

     
BRK.A

     
FB

     
JNJ

     
WFC

     
T

     
NFLX

     
TSLA

     
V

     
UNH

     
PG

     

World Economic Forum at Davos 2019 - Joseph Weinberg CEO PayCase, Chairman Shyft

Matt Bird sits down with Joseph Weinberg CEO PayCase, Chairman Shyft at the World Economic Forum at Davos 2019