Chegg Inc (CHGG) experienced unusually high volume on Jan. 04, as the stock lost 6.91% to a closing price of $6.27. The stock saw 639,454 shares trade hands over the course of the day on 3,398 trades. Given that the stock’s average daily volume over the last month has been 294,462 shares a day, this represents a pretty substantial spike over the norm.
Chegg Inc has a P/B ratio of 2.51. The stock has traded between $8.85 and $6.35 over the last 52-weeks, its 50-day SMA is now $7.14, and its 200-day SMA $7.69.
Chegg Inc is a student-first connected learning platform empowering students to take control of their education to save time and money. Its integrated platform Student Hub helps students choose a college through graduation and beyond.
Headquartered in Santa Clara, CA, Chegg Inc has 709 employees and is currently under the leadership of CEO Daniel L. Rosensweig.
For a complete fundamental analysis analysis of Chegg Inc, check out Equities.com’s Stock Valuation Analysis report for CHGG. 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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