Viacom Inc. (VIA) Moves Higher on Volume Spike for September 12

Equities Staff  |

Viacom Inc. (VIA) traded on unusually high volume on Sep. 12, as the stock gained 1.22% to close at $33.20. On the day, Viacom Inc. saw 130,878 shares trade hands on 909 trades. Considering that the stock averages only a daily volume of 42,278 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 $40.64 and $28.20 over the last 52-weeks, its 50-day SMA is now $34.42, and its 200-day SMA $35.35. Viacom Inc. has a P/B ratio of 1.91. It also has a P/E ratio of 6.6.

Viacom Inc is a global media company. It creates compelling television programs, motion pictures, short-form content, applications and games. Its brands include MTV, VH1, CMT, Logo, BET, Nickelodeon, Comedy central, TV Land, SPIKE, Tr3s, and VIVA.

Headquartered in New York, NY, Viacom Inc. has 11,650 employees and is currently under the leadership of CEO Robert M. Bakish.

For a complete fundamental analysis analysis of Viacom Inc., check out’s Stock Valuation Analysis report for VIA.

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To get more information on Viacom Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: VIA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’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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