Multi-Fineline Electronix Inc. (MFLX) is Trading Lower on Unusual Volume for January 13

Equities Staff |

Multi-Fineline Electronix Inc. (MFLX) experienced unusually high volume on Jan. 13, as the stock lost 20% to a closing price of $13.12. The stock saw 488,158 shares trade hands over the course of the day on 3,004 trades. Given that the stock’s average daily volume over the last month has been 130,942 shares a day, this represents a pretty substantial spike over the norm.

Multi-Fineline Electronix Inc. has a P/B ratio of 0.9. It also has a P/E ratio of 8.1. The stock has traded between $26.05 and $11.09 over the last 52-weeks, its 50-day SMA is now $21.34, and its 200-day SMA $20.20.

Multi-Fineline Electronix Inc is engaged in the engineering, design and manufacture of flexible printed circuit boards along with related component assemblies.

Headquartered in Irvine, CA, Multi-Fineline Electronix Inc. has 9,140 employees and is currently under the leadership of CEO Reza Meshgin.

For a complete fundamental analysis analysis of Multi-Fineline Electronix Inc., check out’s Stock Valuation Analysis report for MFLX. 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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