Globus Medical (GMED) is Trading Lower on Unusual Volume for January 07

Equities Staff |

Globus Medical (GMED) experienced unusually high volume on Jan. 07, as the stock lost 5.58% to a closing price of $26.05. The stock saw 931,501 shares trade hands over the course of the day on 6,667 trades. Given that the stock’s average daily volume over the last month has been 359,177 shares a day, this represents a pretty substantial spike over the norm.

Globus Medical has a P/B ratio of 3.68. It also has a P/E ratio of 25.5. The stock has traded between $28.99 and $20.48 over the last 52-weeks, its 50-day SMA is now $26.19, and its 200-day SMA $25.25.

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.


The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

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:


Emerging Growth

Valuesetters Inc

Valuesetters Inc is a next generation technology company. The Company is focused in providing technologies and infrastructure-as-a-service (Iaas) to consumer through enterprise communications, entertainment, and game platforms.

Private Markets

BioSculpture Technology, Inc.

BioSculpture Technology, Inc. (“BST”) is a commercial-stage medical device manufacturer of liposuction surgical instruments for surgeons. It offers the FDA-cleared Twin Cannula Assisted Liposuction ("TCAL") Airbrush Liposculptor II® controllers, Airbrush®…


Autonomous security robots providing advanced detection capabilities at $7 per hour - aiming to define the future of security. Help #StopTheViolence.