WEX (WEX) is Trading Higher on Unusual Volume for January 29

Equities Staff |

WEX (WEX) experienced unusually high volume on Jan. 29, as the stock gained 4.51% to a closing price of $72.71. The stock saw 644,573 shares trade hands over the course of the day on 3,667 trades. Given that the stock’s average daily volume over the last month has been 353,440 shares a day, this represents a pretty substantial spike over the norm.

WEX has a P/B ratio of 2.66. It also has a P/E ratio of 21.8. The stock has traded between $118.97 and $65.24 over the last 52-weeks, its 50-day SMA is now $84.06, and its 200-day SMA $98.45.

WEX Inc is a provider of corporate payment solutions. It also provides funding mechanism, among other services.

Headquartered in South Portland, ME, WEX has 2,004 employees and is currently under the leadership of CEO Melissa D. Smith.

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


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

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