Akamai Technologies Inc. (AKAM) Rises 13.69% for December 18

Equities Staff  |

Among the biggest risers on the S&P 500 on Monday December 18 was Akamai Technologies Inc. ($AKAM), popping some 13.69% to a price of $65.67 a share with some 15.23 million shares trading hands.

Starting the day trading at $66.33, Akamai Technologies Inc. reached an intraday high of $68.03 and hit intraday lows of $64.83. Shares gained $7.91 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been 2.03 million of its 169.15 million share total float. Today’s action puts the stock’s 50-day SMA at $53.78 and 200-day SMA at $52.62 with a 52-week range of $44.65 to $71.64.

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

Akamai Technologies Inc. has its corporate headquarters located in Cambridge, MA and employs 6,490 people. Its market cap has now risen to $11.11 billion after today’s trading, its P/E ratio is now 29.2, its P/S 3.98, P/B 4, and P/FCF 35.

You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Akamai Technologies Inc., check out 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.

The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional investors in gauging portfolio performance is the S&P 500.

The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.

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