Pendrell Corporation (PCO) experienced unusually high volume on Dec. 21, as the stock lost 0.02% to a closing price of $0.50. The stock saw 3.31 million shares trade hands over the course of the day on 2,228 trades. Given that the stock’s average daily volume over the last month has been 494,903 shares a day, this represents a pretty substantial spike over the norm.
Pendrell Corporation has a P/B ratio of 0.48. The stock has traded between $1.71 and $0.49 over the last 52-weeks, its 50-day SMA is now $0.63, and its 200-day SMA $1.09.
Pendrell Corp through its subsidiary, invests, acquires and develops businesses with technologies that are protected by intellectual property (IP) rights.
Headquartered in Kirkland, WA, Pendrell Corporation has 57 employees and is currently under the leadership of CEO Lee E Mikles.
For a complete fundamental analysis analysis of Pendrell Corporation, check out Equities.com’s Stock Valuation Analysis report for PCO. 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.