Seattle Genetics Inc. (SGEN) is Trading Higher on Unusual Volume for February 04

Equities Staff |

Seattle Genetics Inc. (SGEN) experienced unusually high volume on Feb. 04, as the stock gained 1.86% to a closing price of $32.91. The stock saw 1.66 million shares trade hands over the course of the day on 16,466 trades. Given that the stock’s average daily volume over the last month has been 1.1 million shares a day, this represents a pretty substantial spike over the norm.

Seattle Genetics Inc. has a P/B ratio of 6.6. The stock has traded between $52.33 and $29.31 over the last 52-weeks, its 50-day SMA is now $39.57, and its 200-day SMA $42.38.

Seattle Genetics Inc is a biotechnology company. It develops and commercializes monoclonal antibody-based therapies for the treatment of cancer and autoimmune disease.

Headquartered in Bothell, WA, Seattle Genetics Inc. has 657 employees and is currently under the leadership of CEO Clay B. Siegall.

For a complete fundamental analysis analysis of Seattle Genetics Inc., check out Equities.com’s Stock Valuation Analysis report for SGEN. 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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