One of the S&P 500’s big losers for Monday January 18 was Red Hat Inc. (RHT). The company’s stock fell 3.87% to $73.57 on volume of 2.29 million shares.
The stock opened the day at 74.36 and traded between a low of $72.74 and a high of $75.23. The stock finished the day down $2.96 per share. Red Hat Inc. has an average daily volume of 1.57 million and a total float of 182.63 million shares. The 50-day SMA for Red Hat Inc. is $80.47 and its 200-day SMA is $77.25. The high for the stock over the last 52 weeks is $84.44 and the low is $62.43.
Red Hat Inc is a provider of open source software solutions, using a community-powered approach to develop and offer reliable and high-performing operating system, middleware, virtualization, storage and cloud technologies.
Red Hat Inc. is centered in Raleigh, NC, and has 7,300 employees. Today’s trading day leaves the company with a market cap of $13.44 billionwith a P/E Ratio of 70.7. The company has a P/S ratio of 7.08, P/B ratio of 10, and a 26.4.
For a complete fundamental analysis analysis of Red Hat Inc., check out Equities.com’s Stock Valuation Analysis report for RHT. 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.