Carbonite Inc. (CARB) is Trading Lower on Unusual Volume for February 05

Equities Staff |

Carbonite Inc. (CARB) experienced unusually high volume on Feb. 05, as the stock lost 4.91% to a closing price of $7.75. The stock saw 200,321 shares trade hands over the course of the day on 987 trades. Given that the stock’s average daily volume over the last month has been 77,720 shares a day, this represents a pretty substantial spike over the norm.

Carbonite Inc. has a P/B ratio of 45.59. The stock has traded between $15.43 and $7.05 over the last 52-weeks, its 50-day SMA is now $9.33, and its 200-day SMA $10.69.

Carbonite Inc together with its subsidiaries, provides easy-to-use, affordable, and secure cloud backup solutions with anytime, anywhere access to files stored on it servers.

Headquartered in Boston, MA, Carbonite Inc. has 589 employees and is currently under the leadership of CEO Mohamad Ali.

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