Ellie Mae (ELLI) is Trading Lower on Unusual Volume for February 09

Equities Staff |

Ellie Mae (ELLI) experienced unusually high volume on Feb. 09, as the stock lost 4.28% to a closing price of $59.76. The stock saw 1.1 million shares trade hands over the course of the day on 10,056 trades. Given that the stock’s average daily volume over the last month has been 709,245 shares a day, this represents a pretty substantial spike over the norm.

Ellie Mae has a P/B ratio of 6.07. It also has a P/E ratio of 87.9. The stock has traded between $82.92 and $44.31 over the last 52-weeks, its 50-day SMA is now $64.28, and its 200-day SMA $67.81.

Ellie Mae Inc together with its subsidiaries is a provider of on-demand software solutions & services for residential mortgage industry. Its mortgage management solutions help streamline & automate the process of originating & funding new mortgage loans.

Headquartered in Pleasanton, CA, Ellie Mae has 342 employees and is currently under the leadership of CEO Jonathan H. Corr.

For a complete fundamental analysis analysis of Ellie Mae, check out Equities.com’s Stock Valuation Analysis report for ELLI. 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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