Brocade Communications Systems Inc. (BRCD) experienced unusually high volume on Feb. 18, as the stock gained 13.79% to a closing price of $9.70. The stock saw 16.21 million shares trade hands over the course of the day on 67,618 trades. Given that the stock’s average daily volume over the last month has been 4.33 million shares a day, this represents a pretty substantial spike over the norm.
Brocade Communications Systems Inc. has a P/B ratio of 1.57. It also has a P/E ratio of 10.8. The stock has traded between $12.96 and $7.40 over the last 52-weeks, its 50-day SMA is now $8.42, and its 200-day SMA $10.19.
Brocade Communications Systems Inc is a supplier of networking hardware, software, and services, including Storage Area Networking solutions and Internet Protocol Networking solutions for businesses and organizations of various types and sizes.
Headquartered in San Jose, CA, Brocade Communications Systems Inc. has 4,640 employees and is currently under the leadership of CEO Lloyd A. Carney.
For a complete fundamental analysis analysis of Brocade Communications Systems Inc., check out Equities.com’s Stock Valuation Analysis report for BRCD. 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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