Veeva Systems Inc (VEEV) is Trading Lower on Unusual Volume for February 05

Equities Staff |

Veeva Systems Inc (VEEV) experienced unusually high volume on Feb. 05, as the stock lost 7.42% to a closing price of $22.45. The stock saw 2.89 million shares trade hands over the course of the day on 14,318 trades. Given that the stock’s average daily volume over the last month has been 1.2 million shares a day, this represents a pretty substantial spike over the norm.

Veeva Systems Inc has a P/B ratio of 6.31. It also has a P/E ratio of 71.5. The stock has traded between $33.10 and $22.11 over the last 52-weeks, its 50-day SMA is now $26.58, and its 200-day SMA $26.46.

Veeva Systems Inc is a provider of industry-specific, cloud-based software solutions for the life sciences industry.

Headquartered in Pleasanton, CA, Veeva Systems Inc has 951 employees and is currently under the leadership of CEO Peter P. Gassner.

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