Haemonetics Corp. (HAE) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Haemonetics Corp. (HAE) experienced unusually high volume on Dec. 21, as the stock lost 0.96% to a closing price of $31.10. The stock saw 524,121 shares trade hands over the course of the day on 2,017 trades. Given that the stock’s average daily volume over the last month has been 253,875 shares a day, this represents a pretty substantial spike over the norm.

Haemonetics Corp. has a P/B ratio of 2.03. It also has a P/E ratio of 63.5. The stock has traded between $45.43 and $29.70 over the last 52-weeks, its 50-day SMA is now $32.46, and its 200-day SMA $38.18.

Haemonetics Corp is a healthcare company that provides blood management solutions to its customers. It serves three markets: manufacturers of plasma derived pharmaceuticals, blood collectors, and hospitals.

Headquartered in Braintree, MA, Haemonetics Corp. has 3,383 employees and is currently under the leadership of CEO Ronald G. Gelbman.

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

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For more news on the financial markets, go to Equities.com. 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.

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