GoDaddy Inc (GDDY) Moves Lower on Volume Spike for December 05

Equities Staff |

GoDaddy Inc (GDDY) traded on unusually high volume on Dec. 05, as the stock lost 2.6% to close at $46.09. On the day, GoDaddy Inc saw 5.52 million shares trade hands on 33,995 trades. Considering that the stock averages only a daily volume of 1.52 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $51.29 and $33.55 over the last 52-weeks, its 50-day SMA is now $46.25, and its 200-day SMA $41.94. GoDaddy Inc has a P/B ratio of 19.45. It also has a P/E ratio of 208.7.

GoDaddy Inc, through its subsidiaries provides a variety of domain name registration and website hosting services. It also provides cloud-based solutions.

Headquartered in Scottsdale, AZ, GoDaddy Inc has 4,749 employees and is currently under the leadership of CEO Blake J Irving.

For a complete fundamental analysis analysis of GoDaddy Inc, check out’s Stock Valuation Analysis report for GDDY.

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To get more information on GoDaddy Inc and to follow the company’s latest updates, you can visit the company’s profile page here: GDDY’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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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