BroadSoft Inc. (BSFT) is Trading Higher on Unusual Volume for January 20

Equities Staff |

BroadSoft Inc. (BSFT) experienced unusually high volume on Jan. 20, as the stock gained 3.76% to a closing price of $32.98. The stock saw 449,179 shares trade hands over the course of the day on 3,733 trades. Given that the stock’s average daily volume over the last month has been 293,102 shares a day, this represents a pretty substantial spike over the norm.

BroadSoft Inc. has a P/B ratio of 3.88. The stock has traded between $40.90 and $26.42 over the last 52-weeks, its 50-day SMA is now $36.68, and its 200-day SMA $34.38.

BroadSoft Inc is a provider of software that enables mobile, fixed-line and cable service providers to deliver hosted, cloud-based Unified Communications, or UC, over their internet protocol, or IP, based networks.

Headquartered in Gaithersburg, MD, BroadSoft Inc. has 1,189 employees and is currently under the leadership of CEO Michael Tessler.

For a complete fundamental analysis analysis of BroadSoft Inc., check out’s Stock Valuation Analysis report for BSFT. 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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