Wells Fargo & Co. (WFC) is Trading Lower on Unusual Volume for January 18

Equities Staff |

Wells Fargo & Co. (WFC) experienced unusually high volume on Jan. 18, as the stock lost 3.59% to a closing price of $48.82. The stock saw 41.09 million shares trade hands over the course of the day on 211,166 trades. Given that the stock’s average daily volume over the last month has been 18.74 million shares a day, this represents a pretty substantial spike over the norm.

Wells Fargo & Co. has a P/B ratio of 1.46. It also has a P/E ratio of 11.8. The stock has traded between $58.77 and $47.75 over the last 52-weeks, its 50-day SMA is now $54.15, and its 200-day SMA $54.33.

Wells Fargo & Co is a diversified financial services company. It provides retail, corporate and commercial banking services through banking stores and offices, the internet and other distribution channels to individuals, businesses and institutions.

Headquartered in San Francisco, CA, Wells Fargo & Co. has 0 employees and is currently under the leadership of CEO John G. Stumpf.

For a complete fundamental analysis analysis of Wells Fargo & Co., check out Equities.com’s Stock Valuation Analysis report for WFC. 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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