ICF International Inc. (ICFI) Moves Higher on Volume Spike for December 15

Equities Staff  |

ICF International Inc. (ICFI) traded on unusually high volume on Dec. 15, as the stock gained 1.26% to close at $52.10. On the day, ICF International Inc. saw 201,011 shares trade hands on 1,640 trades. Considering that the stock averages only a daily volume of 86,875 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 $57.95 and $40.20 over the last 52-weeks, its 50-day SMA is now $54.04, and its 200-day SMA $47.85. ICF International Inc. has a P/B ratio of 1.66. It also has a P/E ratio of 20.4.

ICF International Inc provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services.

Headquartered in Fairfax, VA, ICF International Inc. has 5,000 employees and is currently under the leadership of CEO Sudhakar Kesavan.

For a complete fundamental analysis analysis of ICF International Inc., check out Equities.com’s Stock Valuation Analysis report for ICFI.

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To get more information on ICF International Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: ICFI’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’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.

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