(VIANEWS) – Shares of Dropbox (NASDAQ: DBX) dropped 9.06% to $21.79 at 11:23 EST on Friday, following the last session’s downward trend. NASDAQ is dropping 1.05% to $11,731.64, following the last session’s downward trend. This seems, up until now, an all-around bearish trend trading session today.
Dropbox’s last close was $23.96, 4.16% under its 52-week high of $25.00.
About Dropbox
Dropbox, Inc. provides a content collaboration platform worldwide. Its platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. As of December 31, 2021, the company had approximately 700 million registered users. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, Dropbox has a trailing twelve months EPS of $-0.62.
Moving Average
Dropbox’s worth is below its 50-day moving average of $22.96 and under its 200-day moving average of $22.10.
Volatility
Dropbox’s last week, last month’s, and last quarter’s current intraday variation average was 0.40%, 0.24%, and 1.34%.
Dropbox’s highest amplitude of average volatility was 0.84% (last week), 1.40% (last month), and 1.34% (last quarter).
Revenue Growth
Year-on-year quarterly revenue growth grew by 7.4%, now sitting on 2.29B for the twelve trailing months.
Volume
Today’s last reported volume for Dropbox is 3873884 which is 64.71% above its average volume of 2351910.
More news about Dropbox (DBX).
