PDL BioPharma Inc (PDLI) is Trading Lower on Unusual Volume for December 21

Equities Staff |

PDL BioPharma Inc (PDLI) experienced unusually high volume on Dec. 21, as the stock lost 0.79% to a closing price of $3.79. The stock saw 4.44 million shares trade hands over the course of the day on 10,638 trades. Given that the stock’s average daily volume over the last month has been 2.61 million shares a day, this represents a pretty substantial spike over the norm.

PDL BioPharma Inc has a P/B ratio of 1.04. It also has a P/E ratio of 2.3. The stock has traded between $7.97 and $3.29 over the last 52-weeks, its 50-day SMA is now $4.02, and its 200-day SMA $5.37.

PDL BioPharma Inc is engaged in the discovery of a new generation of targeted treatments for cancer & immunologic diseases. It focuses on intellectual property asset management, investing in new royalty bearing assets & maximizing value of its patent.

Headquartered in Incline Villiage, NV, PDL BioPharma Inc has 10 employees and is currently under the leadership of CEO John P. Mclaughlin.

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


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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