VMware Inc. (VMW) is Trading Lower on Unusual Volume for January 06

Equities Staff |

VMware Inc. (VMW) experienced unusually high volume on Jan. 06, as the stock lost 3.74% to a closing price of $54.89. The stock saw 2.54 million shares trade hands over the course of the day on 18,401 trades. Given that the stock’s average daily volume over the last month has been 1.68 million shares a day, this represents a pretty substantial spike over the norm.

VMware Inc. has a P/B ratio of 3.07. It also has a P/E ratio of 25.9. The stock has traded between $93.43 and $52.72 over the last 52-weeks, its 50-day SMA is now $58.74, and its 200-day SMA $77.45.

VMWare Inc provides virtualization infrastructure solutions utilized by organizations. It has three product areas: Software-Defined Data Center, End-User Computing, and Hybrid Cloud Computing.

Headquartered in Palo Alto, CA, VMware Inc. has 18,000 employees and is currently under the leadership of CEO Patrick P. Gelsinger.

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