Model N Inc (MODN) is Trading Higher on Unusual Volume for December 21

Equities Staff |

Model N Inc (MODN) experienced unusually high volume on Dec. 21, as the stock gained 2.1% to a closing price of $11.17. The stock saw 348,294 shares trade hands over the course of the day on 987 trades. Given that the stock’s average daily volume over the last month has been 167,527 shares a day, this represents a pretty substantial spike over the norm.

Model N Inc has a P/B ratio of 3.59. The stock has traded between $12.70 and $9.75 over the last 52-weeks, its 50-day SMA is now $10.63, and its 200-day SMA $11.17.

Model N Inc is engaged in making revenue management cloud solutions for life science and technology companies. Its portfolio includes Revenue Enterprise Cloud, Revenue Intelligence Cloud, and Revvy.

Headquartered in Redwood City, CA, Model N Inc has 257 employees and is currently under the leadership of CEO Zack Rinat.

For a complete fundamental analysis analysis of Model N Inc, check out’s Stock Valuation Analysis report for MODN. 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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