Globant SA (GLOB) is Trading Lower on Unusual Volume for January 01

Equities Staff |

Globant SA (GLOB) experienced unusually high volume on Jan. 01, as the stock lost 0.11% to a closing price of $37.51. The stock saw 440,420 shares trade hands over the course of the day on 3,255 trades. Given that the stock’s average daily volume over the last month has been 268,844 shares a day, this represents a pretty substantial spike over the norm.

Globant SA has a P/B ratio of 8.17. It also has a P/E ratio of 41.2. The stock has traded between $38.23 and $13.17 over the last 52-weeks, its 50-day SMA is now $35.35, and its 200-day SMA $29.79.

Globant SA is engaged in the designing and engineering of software development through its subsidiaries. It provides services such as application development, testing, infrastructure management, application maintenance and outsourcing, among others.

Headquartered in Luxembourg, , Globant SA has 4,724 employees and is currently under the leadership of CEO Martin Migoya.

For a complete fundamental analysis analysis of Globant SA, check out’s Stock Valuation Analysis report for GLOB. 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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