Corrections Corporation of America (CXW) is Trading Higher on Unusual Volume for December 21

Equities Staff |

Corrections Corporation of America (CXW) experienced unusually high volume on Dec. 21, as the stock gained 2.51% to a closing price of $26.11. The stock saw 2.14 million shares trade hands over the course of the day on 11,261 trades. Given that the stock’s average daily volume over the last month has been 1.02 million shares a day, this represents a pretty substantial spike over the norm.

Corrections Corporation of America has a P/B ratio of 2.08. It also has a P/E ratio of 15.2. The stock has traded between $42.31 and $24.21 over the last 52-weeks, its 50-day SMA is now $27.20, and its 200-day SMA $32.11.

Corrections Corp of America is an owner and operator of privatized correctional and detention facilities and a prison operator in United States.

Headquartered in Nashville, TN, Corrections Corporation of America has 14,040 employees and is currently under the leadership of CEO Damon T. Hininger.

For a complete fundamental analysis analysis of Corrections Corporation of America, check out’s Stock Valuation Analysis report for CXW. To see the latest independent stock recommendations from’s analysts, visit our Research section.


The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

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:


Emerging Growth

Lomiko Metals Inc.

Lomiko Metals Inc is an exploration stage company. It is engaged in the acquisition, exploration and development of resource properties. Its projects include Vines Lake project and Quatre - Milles…

Private Markets


The spark hit Jamie when he saw co-workers competing to lose weight. Instead of pizzas and subs, they were eating salads and jogging along the river. Some were sneakily leaving…


Our mission is to be the best place for people who care about music to create and discover thoughtfully curated playlists. In essence, 8tracks is a platform for online mixtapes.