Splunk Inc. (SPLK) is Trading Lower on Unusual Volume for January 20

Equities Staff |

Splunk Inc. (SPLK) experienced unusually high volume on Jan. 20, as the stock lost 1.59% to a closing price of $47.68. The stock saw 2.85 million shares trade hands over the course of the day on 21,765 trades. Given that the stock’s average daily volume over the last month has been 1.85 million shares a day, this represents a pretty substantial spike over the norm.

Splunk Inc. has a P/B ratio of 7.36. The stock has traded between $76.85 and $47.53 over the last 52-weeks, its 50-day SMA is now $56.69, and its 200-day SMA $62.75.

Splunk Inc provides software products. Its flagship product is Splunk Enterprise and at its core is a proprietary machine data engine, comprised of collection, indexing, search, reporting analysis and data management capabilities.

Headquartered in San Francisco, CA, Splunk Inc. has 1,400 employees and is currently under the leadership of CEO Douglas Merritt.

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