Celgene Corp. (CELG) is Trading Lower on Unusual Volume for January 28

Equities Staff |

Celgene Corp. (CELG) experienced unusually high volume on Jan. 28, as the stock lost 5.1% to a closing price of $97.09. The stock saw 11.3 million shares trade hands over the course of the day on 90,398 trades. Given that the stock’s average daily volume over the last month has been 6.16 million shares a day, this represents a pretty substantial spike over the norm.

Celgene Corp. has a P/B ratio of 13.47. The stock has traded between $140.72 and $92.98 over the last 52-weeks, its 50-day SMA is now $111.31, and its 200-day SMA $117.31.

Celgene Corp is a biopharmaceutical company. It is engaged in the discovery, development and commercialization of therapies designed to treat cancer and immune-inflammatory related diseases.

Headquartered in Summit, NJ, Celgene Corp. has 6,012 employees and is currently under the leadership of CEO Robert J. Hugin.

For a complete fundamental analysis analysis of Celgene Corp., check out Equities.com’s Stock Valuation Analysis report for CELG. 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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