International Business Machines Corp (IBM) is Trading Lower on Unusual Volume for December 21

Equities Staff |

International Business Machines Corp (IBM) experienced unusually high volume on Dec. 21, as the stock lost 1.35% to a closing price of $134.90. The stock saw 10.03 million shares trade hands over the course of the day on 47,372 trades. Given that the stock’s average daily volume over the last month has been 4.54 million shares a day, this represents a pretty substantial spike over the norm.

International Business Machines Corp has a P/B ratio of 9.85. It also has a P/E ratio of 9.4. The stock has traded between $176.30 and $131.65 over the last 52-weeks, its 50-day SMA is now $139.48, and its 200-day SMA $153.20.

International Business Machines Corp is an Information Technology (IT) company. It creates business value for clients and solves business problems through integrated solutions that leverage information technology & knowledge of business processes.

Headquartered in Armonk, NY, International Business Machines Corp has 412,775 employees and is currently under the leadership of CEO Virginia M. Rometty.

For a complete fundamental analysis analysis of International Business Machines Corp, check out’s Stock Valuation Analysis report for IBM. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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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:


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