Cvent (CVT) experienced unusually high volume on Feb. 17, as the stock gained 0.15% to a closing price of $20.01. The stock saw 428,645 shares trade hands over the course of the day on 3,156 trades. Given that the stock’s average daily volume over the last month has been 240,341 shares a day, this represents a pretty substantial spike over the norm.
Cvent has a P/B ratio of 4.68. The stock has traded between $37.25 and $19.25 over the last 52-weeks, its 50-day SMA is now $30.00, and its 200-day SMA $30.10.
Cvent Inc is engaged in providing a cloud-based enterprise event management platform. It provides solutions for both sides of the events and meetings value chain including the event & meeting planners and hotels & venues.
Headquartered in Tysons Corner, VA, Cvent has 1,740 employees and is currently under the leadership of CEO Rajeev K. Aggarwal.
For a complete fundamental analysis analysis of Cvent, check out Equities.com’s Stock Valuation Analysis report for CVT. 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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