ServiceMaster Global Holdings Inc. (SERV) Moves Higher on Volume Spike for December 13

Equities Staff  |

ServiceMaster Global Holdings Inc. (SERV) traded on unusually high volume on Dec. 13, as the stock gained 0.13% to close at $38.25. On the day, ServiceMaster Global Holdings Inc. saw 2.39 million shares trade hands on 17,754 trades. Considering that the stock averages only a daily volume of 1.27 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $62.70 and $38.01 over the last 52-weeks, its 50-day SMA is now $42.65, and its 200-day SMA $39.05. ServiceMaster Global Holdings Inc. has a P/B ratio of 3.65. It also has a P/E ratio of 10.1.

ServiceMaster Global Holdings Inc is a provider of residential and commercial real estate maintenance services. Its services include termite and pest control (Terminix), home warranties (American Home Shield), disaster restoration (Servicemaster Restore), janitorial services (Servicemaster Clean), residential cleaning (Merry Maids), furniture repair (Furniture Medic), and home inspection services (Amerispec). The company operates through a service network of company-owned locations, as well as franchises and license agreements. Servicemaster's largest end market is the United States of America.

Headquartered in Memphis, TN, ServiceMaster Global Holdings Inc. has 13,000 employees and is currently under the leadership of CEO Nikhil Madhukar Varty.

For a complete fundamental analysis analysis of ServiceMaster Global Holdings Inc., check out Equities.com’s Stock Valuation Analysis report for SERV.

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To get more information on ServiceMaster Global Holdings Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: SERV’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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