Ruckus Wireless (RKUS) is Trading Higher on Unusual Volume for December 21

Equities Staff  |

Ruckus Wireless (RKUS) experienced unusually high volume on Dec. 21, as the stock gained 0.69% to a closing price of $10.26. The stock saw 1.83 million shares trade hands over the course of the day on 7,395 trades. Given that the stock’s average daily volume over the last month has been 1.2 million shares a day, this represents a pretty substantial spike over the norm.

Ruckus Wireless has a P/B ratio of 3.07. It also has a P/E ratio of 205.2. The stock has traded between $13.50 and $9.11 over the last 52-weeks, its 50-day SMA is now $11.64, and its 200-day SMA $11.55.

Ruckus Wireless Inc provides carrier-class Wi-Fi solutions to service providers and enterprises to solve network capacity and coverage challenges. Its products include gateways, indoor and outdoor access points, and controller software platforms.

Headquartered in Sunnyvale, CA, Ruckus Wireless has 940 employees and is currently under the leadership of CEO Selina Y. Lo.

For a complete fundamental analysis analysis of Ruckus Wireless, check out’s Stock Valuation Analysis report for RKUS. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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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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