By Equities Staff
Globus Medical (GMED) experienced unusually high volume on May. 15, as the stock lost 0.2% to a closing price of $25.12. The stock saw 898,811 shares trade hands over the course of the day on 2,921 trades. Given that the stock’s average daily volume over the last month has been 531,796 shares a day, this represents a pretty substantial spike over the norm.
Globus Medical has a P/B ratio of 3.88. It also has a P/E ratio of 24.9. The stock has traded between $26.07 and $17.45 over the last 52-weeks, its 50-day SMA is now $24.70, and its 200-day SMA $22.66.
