CBOE Holdings Inc. (CBOE) traded on unusually high volume on Feb. 13, as the stock gained 1.39% to close at $112.22. On the day, CBOE Holdings Inc. saw 2.39 million shares trade hands on 21,828 trades. Considering that the stock averages only a daily volume of 1.59 million 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 $138.54 and $77.33 over the last 52-weeks, its 50-day SMA is now $126.99, and its 200-day SMA $105.51. CBOE Holdings Inc. has a P/B ratio of 4.42. It also has a P/E ratio of 31.2.
Cboe Global Markets Inc, formerly CBOE Holdings Inc is an exchange holding company. It offers trading options on various market indexes, futures, U.S. and European equities, exchange-traded products, and multi-asset volatility products.
Headquartered in Chicago, IL, CBOE Holdings Inc. has 553 employees and is currently under the leadership of CEO .
For a complete fundamental analysis analysis of CBOE Holdings Inc., check out Equities.com’s Stock Valuation Analysis report for CBOE.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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