Gigamon (GIMO) is Trading Lower on Unusual Volume for January 28

Equities Staff |

Gigamon (GIMO) experienced unusually high volume on Jan. 28, as the stock lost 6.49% to a closing price of $22.25. The stock saw 549,632 shares trade hands over the course of the day on 4,910 trades. Given that the stock’s average daily volume over the last month has been 318,242 shares a day, this represents a pretty substantial spike over the norm.

Gigamon has a P/B ratio of 5.23. It also has a P/E ratio of 128.9. The stock has traded between $34.80 and $15.48 over the last 52-weeks, its 50-day SMA is now $25.83, and its 200-day SMA $27.03.

Gigamon Inc develops a solution that delivers visibility of traffic across networks. Its solution, Unified Visibility Fabric, consists of a distributed system of nodes that enables level of visibility, modification and control of network traffic.

Headquartered in Santa Clara, CA, Gigamon has 371 employees and is currently under the leadership of CEO Paul A. Hooper.

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


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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:


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