Globus Medical (GMED) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Globus Medical (GMED) experienced unusually high volume on Dec. 21, as the stock lost 0.3% to a closing price of $27.02. The stock saw 623,922 shares trade hands over the course of the day on 3,106 trades. Given that the stock’s average daily volume over the last month has been 399,606 shares a day, this represents a pretty substantial spike over the norm.

Globus Medical has a P/B ratio of 3.82. It also has a P/E ratio of 25. The stock has traded between $28.99 and $20.48 over the last 52-weeks, its 50-day SMA is now $25.08, and its 200-day SMA $25.08.

Globus Medical Inc is a medical device company focused on developing products that promote healing in patients with musculoskeletal disorders.

Headquartered in Audubon, PA, Globus Medical has 900 employees and is currently under the leadership of CEO David C. Paul.

For a complete fundamental analysis analysis of Globus Medical, check out’s Stock Valuation Analysis report for GMED. 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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