Chegg Inc (CHGG) is Trading Lower on Unusual Volume for January 15

Equities Staff |

Chegg Inc (CHGG) experienced unusually high volume on Jan. 15, as the stock lost 1.32% to a closing price of $6.00. The stock saw 642,406 shares trade hands over the course of the day on 3,164 trades. Given that the stock’s average daily volume over the last month has been 398,474 shares a day, this represents a pretty substantial spike over the norm.

Chegg Inc has a P/B ratio of 2.4. The stock has traded between $8.85 and $5.80 over the last 52-weeks, its 50-day SMA is now $6.99, and its 200-day SMA $7.60.

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’s Stock Valuation Analysis report for CHGG. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

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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