Methode Electronics Inc. (MEI) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Methode Electronics Inc. (MEI) experienced unusually high volume on Dec. 21, as the stock lost 1.07% to a closing price of $31.49. The stock saw 581,155 shares trade hands over the course of the day on 3,788 trades. Given that the stock’s average daily volume over the last month has been 344,247 shares a day, this represents a pretty substantial spike over the norm.

Methode Electronics Inc. has a P/B ratio of 2.58. It also has a P/E ratio of 12.6. The stock has traded between $49.00 and $22.67 over the last 52-weeks, its 50-day SMA is now $34.01, and its 200-day SMA $36.33.

Methode Electronics Inc is a manufacturer of component and subsystem devices with manufacturing, design & testing facilities in China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, Philippines, Singapore, Switzerland, UK & United States.

Headquartered in Chicago, IL, Methode Electronics Inc. has 4,295 employees and is currently under the leadership of CEO Donald W. Duda.

For a complete fundamental analysis analysis of Methode Electronics Inc., check out’s Stock Valuation Analysis report for MEI. 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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