ScanSource Inc. (SCSC) is Trading Higher on Unusual Volume for February 10

Equities Staff |

ScanSource Inc. (SCSC) experienced unusually high volume on Feb. 10, as the stock gained 18.93% to a closing price of $37.23. The stock saw 355,421 shares trade hands over the course of the day on 3,915 trades. Given that the stock’s average daily volume over the last month has been 199,202 shares a day, this represents a pretty substantial spike over the norm.

ScanSource Inc. has a P/B ratio of 1.3. It also has a P/E ratio of 14.4. The stock has traded between $41.95 and $27.46 over the last 52-weeks, its 50-day SMA is now $32.64, and its 200-day SMA $36.49.

ScanSource is a wholesale distributor of specialty technology products. It provides value-added distribution services for technology manufacturers and sells to resellers in technology markets.

Headquartered in Greenville, SC, ScanSource Inc. has 2,000 employees and is currently under the leadership of CEO Michael L. Baur.

For a complete fundamental analysis analysis of ScanSource Inc., check out’s Stock Valuation Analysis report for SCSC. 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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