SBA Communications Corporation (SBAC) is Trading Higher on Unusual Volume for January 22

Equities Staff |

SBA Communications Corporation (SBAC) experienced unusually high volume on Jan. 22, as the stock gained 7.33% to a closing price of $93.91. The stock saw 2.18 million shares trade hands over the course of the day on 16,195 trades. Given that the stock’s average daily volume over the last month has been 1.24 million shares a day, this represents a pretty substantial spike over the norm.

SBA Communications Corporation has a P/B ratio of -6.98. The stock has traded between $128.47 and $84.19 over the last 52-weeks, its 50-day SMA is now $103.39, and its 200-day SMA $112.90.

SBA Communications Corporation is an independent owner & operator of wireless communications tower structures, rooftops & other structures that support antennas for communication. Its business segments are site leasing and site development.

Headquartered in Boca Raton, FL, SBA Communications Corporation has 1,259 employees and is currently under the leadership of CEO Jeffrey A. Stoops.

For a complete fundamental analysis analysis of SBA Communications Corporation, check out’s Stock Valuation Analysis report for SBAC. 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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