Infinera Corporation (INFN) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Infinera Corporation (INFN) experienced unusually high volume on Dec. 21, as the stock lost 1.5% to a closing price of $17.74. The stock saw 4.41 million shares trade hands over the course of the day on 23,606 trades. Given that the stock’s average daily volume over the last month has been 1.68 million shares a day, this represents a pretty substantial spike over the norm.

Infinera Corporation has a P/B ratio of 3.36. It also has a P/E ratio of 50.7. The stock has traded between $25.24 and $13.00 over the last 52-weeks, its 50-day SMA is now $20.12, and its 200-day SMA $20.62.

Infinera Corp provides optical transport networking equipment, software and software services to Tier 1 and Tier 2 telecommunications service providers, internet content providers, cable operators, wholesale & enterprise carriers and government entities.

Headquartered in Sunnyvale, CA, Infinera Corporation has 1,495 employees and is currently under the leadership of CEO Thomas J. Fallon.

For a complete fundamental analysis analysis of Infinera Corporation, check out’s Stock Valuation Analysis report for INFN. 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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