Akamai Technologies Inc. (AKAM) is Trading Higher on Unusual Volume for January 12

Equities Staff  |

Akamai Technologies Inc. (AKAM) experienced unusually high volume on Jan. 12, as the stock gained 3.32% to a closing price of $46.97. The stock saw 4.98 million shares trade hands over the course of the day on 41,940 trades. Given that the stock’s average daily volume over the last month has been 2.35 million shares a day, this represents a pretty substantial spike over the norm.

Akamai Technologies Inc. has a P/B ratio of 2.71. It also has a P/E ratio of 25. The stock has traded between $78.44 and $44.93 over the last 52-weeks, its 50-day SMA is now $55.87, and its 200-day SMA $68.67.

Akamai Technologies Inc provides cloud services for delivering, optimizing and securing online content and business applications.

Headquartered in Cambridge, MA, Akamai Technologies Inc. has 5,105 employees and is currently under the leadership of CEO F. Thomson Leighton.

For a complete fundamental analysis analysis of Akamai Technologies Inc., check out Equities.com’s Stock Valuation Analysis report for AKAM. 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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