Adobe Systems Incorporated (ADBE) is Trading Lower on Unusual Volume for February 08

Equities Staff |

Adobe Systems Incorporated (ADBE) experienced unusually high volume on Feb. 08, as the stock lost 9.08% to a closing price of $72.01. The stock saw 10.14 million shares trade hands over the course of the day on 76,530 trades. Given that the stock’s average daily volume over the last month has been 3.15 million shares a day, this represents a pretty substantial spike over the norm.

Adobe Systems Incorporated has a P/B ratio of 5.13. It also has a P/E ratio of 63.9. The stock has traded between $96.42 and $71.33 over the last 52-weeks, its 50-day SMA is now $90.48, and its 200-day SMA $84.20.

Adobe Systems Inc offers a line of software and services used by creative professionals, marketers, developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling operating systems.

Headquartered in San Jose, CA, Adobe Systems Incorporated has 13,893 employees and is currently under the leadership of CEO Shantanu Narayen.

For a complete fundamental analysis analysis of Adobe Systems Incorporated, check out’s Stock Valuation Analysis report for ADBE. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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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 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:


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