SPS Commerce Inc. (SPSC) is Trading Lower on Unusual Volume for February 04

Equities Staff |

SPS Commerce Inc. (SPSC) experienced unusually high volume on Feb. 04, as the stock lost 19.95% to a closing price of $49.58. The stock saw 958,281 shares trade hands over the course of the day on 6,795 trades. Given that the stock’s average daily volume over the last month has been 106,629 shares a day, this represents a pretty substantial spike over the norm.

SPS Commerce Inc. has a P/B ratio of 3.84. It also has a P/E ratio of 341.8. The stock has traded between $78.29 and $59.21 over the last 52-weeks, its 50-day SMA is now $68.25, and its 200-day SMA $69.49.

SPS Commerce Inc is a provider of cloud-based supply chain management solutions, providing network-integrations and comprehensive retail performance analytics to thousands of customers.

Headquartered in Minneapolis, MN, SPS Commerce Inc. has 943 employees and is currently under the leadership of CEO Archie C. Black.

For a complete fundamental analysis analysis of SPS Commerce Inc., check out Equities.com’s Stock Valuation Analysis report for SPSC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

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

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