EMC Corp. (MA) (EMC) is Trading Higher on Unusual Volume for January 15

Equities Staff |

EMC Corp. (MA) (EMC) experienced unusually high volume on Jan. 15, as the stock gained 1.22% to a closing price of $24.97. The stock saw 21.24 million shares trade hands over the course of the day on 72,692 trades. Given that the stock’s average daily volume over the last month has been 11.87 million shares a day, this represents a pretty substantial spike over the norm.

EMC Corp. (MA) has a P/B ratio of 2.37. It also has a P/E ratio of 20.7. The stock has traded between $29.24 and $22.66 over the last 52-weeks, its 50-day SMA is now $25.43, and its 200-day SMA $25.69.

EMC Corp supports the businesses and service providers to transform information technology (IT) operations to an as a service model (ITaaS). It operates in three segments: EMC Information Infrastructure, Pivotal and VMware Virtual Infrastructure.

Headquartered in Hopkinton, MA, EMC Corp. (MA) has 70,000 employees and is currently under the leadership of CEO Paul Maritz / David I. Goulden / Joseph M. Tucci.

For a complete fundamental analysis analysis of EMC Corp. (MA), check out Equities.com’s Stock Valuation Analysis report for EMC. 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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