NETGEAR Inc. (NTGR) is Trading Lower on Unusual Volume for December 21

Equities Staff |

NETGEAR Inc. (NTGR) experienced unusually high volume on Dec. 21, as the stock lost 1.09% to a closing price of $42.74. The stock saw 1.13 million shares trade hands over the course of the day on 3,234 trades. Given that the stock’s average daily volume over the last month has been 408,145 shares a day, this represents a pretty substantial spike over the norm.

NETGEAR Inc. has a P/B ratio of 2.04. The stock has traded between $45.76 and $28.12 over the last 52-weeks, its 50-day SMA is now $41.20, and its 200-day SMA $33.62.

Netgear Inc is a networking company. Its products include WiFi routers, DSL modems, Hotspots, USB Modems, WiFi adapters & switches. It delivers its networking products to consumers, businesses and service providers.

Headquartered in San Jose, CA, NETGEAR Inc. has 323 employees and is currently under the leadership of CEO Patrick C.S. Lo.

For a complete fundamental analysis analysis of NETGEAR Inc., check out Equities.com’s Stock Valuation Analysis report for NTGR. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. 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.

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