Raymond James Financial Inc. (RJF) is Trading Lower on Unusual Volume for December 23

Equities Staff |

Raymond James Financial Inc. (RJF) experienced unusually high volume on Dec. 23, as the stock lost 1.47% to a closing price of $58.38. The stock saw 1.57 million shares trade hands over the course of the day on 13,204 trades. Given that the stock’s average daily volume over the last month has been 883,959 shares a day, this represents a pretty substantial spike over the norm.

Raymond James Financial Inc. has a P/B ratio of 1.85. It also has a P/E ratio of 17.3. The stock has traded between $61.82 and $45.86 over the last 52-weeks, its 50-day SMA is now $56.43, and its 200-day SMA $56.41.

Raymond James Financial Inc operates as a financial services and bank holding company. The Company through its subsidiaries is engaged in various financial services businesses in the United States of America and Canada.

Headquartered in St. Petersburg, FL, Raymond James Financial Inc. has 11,000 employees and is currently under the leadership of CEO Steven M. Raney / Paul D. Allison / Dennis W. Zank / Paul C. Reilly.

For a complete fundamental analysis analysis of Raymond James Financial Inc., check out Equities.com’s Stock Valuation Analysis report for RJF. 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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