(VIANEWS) – Shares of Akamai Technologies (AKAM) slid 7.25% to $111.13 at 10:21 EST on Wednesday, following the last session’s upward trend. NASDAQ Composite is jumping 0.55% to $14,761.30, after two successive sessions in a row of gains. This seems, so far, a somewhat bullish trend exchanging session today.
Akamai Technologies’s last close was $119.82, 4.07% under its 52-week high of $124.91.
Today’s last reported volume for Akamai Technologies is 1037385 which is 11.1% below its average volume of 1166910.
Akamai Technologies’s Revenue
Year-on-year quarterly revenue growth grew by 10.3%, now sitting on 3.28B for the twelve trailing months.
Akamai Technologies’s last week, last month’s, and last quarter’s current volatility was 0.47%, 0.07%, and 0.67%, respectively.
Akamai Technologies’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.90% (last week), 0.62% (last month), and 0.67% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Akamai Technologies’s stock is considered to be overbought (>=80).
Akamai Technologies’s Stock Yearly Top and Bottom Value
Akamai Technologies’s stock is valued at $111.13 at 10:21 EST, way under its 52-week high of $124.91 and way above its 52-week low of $92.64.
Akamai Technologies’s Moving Average
Akamai Technologies’s worth is below its 50-day moving average of $117.30 and above its 200-day moving average of $109.34.
Previous days news about Akamai Technologies (AKAM)
Akamai technologies inc Q2 adjusted earnings beat estimates. According to Business Insider on Tuesday, 3 August, "Excluding items, Akamai Technologies Inc reported adjusted earnings of $232.75 million or $1.42 per share for the period."
More news about Akamai Technologies (AKAM).