Cisco Systems Inc. (CSCO) is Trading Lower on Unusual Volume for January 18

Equities Staff |

Cisco Systems Inc. (CSCO) experienced unusually high volume on Jan. 18, as the stock lost 4.22% to a closing price of $23.62. The stock saw 64.09 million shares trade hands over the course of the day on 217,733 trades. Given that the stock’s average daily volume over the last month has been 26.83 million shares a day, this represents a pretty substantial spike over the norm.

Cisco Systems Inc. has a P/B ratio of 2. It also has a P/E ratio of 12.6. The stock has traded between $30.31 and $23.03 over the last 52-weeks, its 50-day SMA is now $26.70, and its 200-day SMA $27.22.

Cisco Systems Inc is engaged in designing, manufacturing and selling of Internet Protocol (IP) based networking products and services related to the communications and information technology (IT) industry.

Headquartered in San Jose, CA, Cisco Systems Inc. has 70,000 employees and is currently under the leadership of CEO Charles Robbins.

For a complete fundamental analysis analysis of Cisco Systems Inc., check out’s Stock Valuation Analysis report for CSCO. 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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