RealPage Inc. (RP) Moves Higher on Volume Spike for February 28
RealPage Inc. is a Provides on demand software solutions Last Price $ 52.25 Last Trade Feb/28 – 16:00 Change $ 2.35 Change Percent 4.71 % Open $ 52.50 Prev Close $ 49.90 High $ 54.95 low $ 51.85 52 Week High $ 54.95 52 Week Low $ 32.30 Market Cap 4,330,451,576 PE Ratio 8.39 Volume 1,189,336 Exchange NGS
RealPage Inc. (RP) traded on unusually high volume on Feb. 28, as the stock gained 4.71% to close at $52.25. On the day, RealPage Inc. saw 1.19 million shares trade hands on 8,843 trades. Considering that the stock averages only a daily volume of 406,269 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 $51.60 and $32.30 over the last 52-weeks, its 50-day SMA is now $47.56, and its 200-day SMA $41.86. RealPage Inc. has a P/B ratio of 8.39. It also has a P/E ratio of 142.6.
RealPage Inc is a provider of demand software and software-enabled services for the rental housing and vacation rental industries. Its solutions include marketing, pricing, leasing, accounting, purchasing, and other property operation capabilities.
Headquartered in Richardson, TX, RealPage Inc. has 5,200 employees and is currently under the leadership of CEO Stephen Winn.
For a complete fundamental analysis analysis of RealPage Inc., check out Equities.com’s Stock Valuation Analysis report for RP.
Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to learn more about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading Stocks today.
To get more information on RealPage Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: RP’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer