Echo Global Logistics Inc. (ECHO) is Trading Higher on Unusual Volume for February 17

Equities Staff |

Echo Global Logistics Inc. (ECHO) experienced unusually high volume on Feb. 17, as the stock gained 0.68% to a closing price of $25.01. The stock saw 612,326 shares trade hands over the course of the day on 3,635 trades. Given that the stock’s average daily volume over the last month has been 367,144 shares a day, this represents a pretty substantial spike over the norm.

Echo Global Logistics Inc. has a P/B ratio of 1.99. It also has a P/E ratio of 88.7. The stock has traded between $34.35 and $16.56 over the last 52-weeks, its 50-day SMA is now $21.29, and its 200-day SMA $25.51.

Echo Global Logistics Inc is a provider of technology-enabled transportation and supply chain management services, delivered on a proprietary technology platform serving the transportation and logistics needs of its clients.

Headquartered in Chicago, IL, Echo Global Logistics Inc. has 1,734 employees and is currently under the leadership of CEO Douglas R. Waggoner.

For a complete fundamental analysis analysis of Echo Global Logistics Inc., check out Equities.com’s Stock Valuation Analysis report for ECHO. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. 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.

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