ABIOMED Inc. (ABMD) is Trading Higher on Unusual Volume for January 12

Equities Staff  |

ABIOMED Inc. (ABMD) experienced unusually high volume on Jan. 12, as the stock gained 3.01% to a closing price of $87.56. The stock saw 728,348 shares trade hands over the course of the day on 7,035 trades. Given that the stock’s average daily volume over the last month has been 435,261 shares a day, this represents a pretty substantial spike over the norm.

ABIOMED Inc. has a P/B ratio of 11.21. It also has a P/E ratio of 28.6. The stock has traded between $110.68 and $36.87 over the last 52-weeks, its 50-day SMA is now $82.92, and its 200-day SMA $79.89.

Abiomed Inc is engaged in providing mechanical circulatory support devices and it offers a continuum of care in heart recovery to heart failure patients.

Headquartered in Danvers, MA, ABIOMED Inc. has 589 employees and is currently under the leadership of CEO Michael R. Minogue.

For a complete fundamental analysis analysis of ABIOMED Inc., check out Equities.com’s Stock Valuation Analysis report for ABMD. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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

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