NIKE Inc (NKE) is Trading Lower on Unusual Volume for December 23

Equities Staff |

NIKE Inc (NKE) experienced unusually high volume on Dec. 23, as the stock lost 2.6% to a closing price of $128.42. The stock saw 18.63 million shares trade hands over the course of the day on 125,195 trades. Given that the stock’s average daily volume over the last month has been 4.39 million shares a day, this represents a pretty substantial spike over the norm.

NIKE Inc has a P/B ratio of 8.49. It also has a P/E ratio of 33.4. The stock has traded between $135.30 and $90.69 over the last 52-weeks, its 50-day SMA is now $129.84, and its 200-day SMA $112.98.

Nike Inc designs, develops and markets footwear, apparel, equipment, and accessory products. It is a seller of athletic footwear and athletic apparel. It sells its products through NIKE-owned in-line and factory retail stores and internet websites.

Headquartered in Beaverton, OR, NIKE Inc has 62,600 employees and is currently under the leadership of CEO Mark G. Parker.

For a complete fundamental analysis analysis of NIKE Inc, check out’s Stock Valuation Analysis report for NKE. 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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