Unusual Volume Hits Tech Stocks At NASDAQ: FFIV, NTWK, OPXT, RVBD, CAVM, MOBI
As midday approaches, volume at NASDAQ rises and exceeds past the norms set before. Stocks become in demand, despite some struggles and declines for certain companies. See how the stocks are performing today and what has caused the decline for some.
F5 Networks, Inc. (NASDAQ:FFIV) has plummeted by over 21.54% to a current price of $108.88, opening earlier this morning at a price of $111.35. Despite its marginal decline, overall traded volume has arrived at 14.59M for the current trading session, when compared to its average volume of 2.57M. Market capitalization has come to stand in the high billion range of 8.79B, accompanied by a P/E of 58.16 and an EPS of 1.87. F5 Networks, Inc. reported a lower-than-expected revenue for the January-March period, causing the massive plummet for today.
NetSol Technologies Inc. (NASDAQ:NTWK) has arrived at a current trading volume of 2.63M, overriding its average volume of 827,587.00, while the company continues to trade with an incline of 6.18% at a price of $2.20. NetSol Technologies opened this morning at a price of $2.08, trading in a range of $2.06-$2.26 for the day, the later price of $2.26 being the company's new 52-week high. Market capitalization stands at 107.05M, coupled with an earnings per share of 0.08 and a P/E of 28.32.
Opnext, Inc. (NASDAQ:OPXT) is currently trading with a decline of 4.36% at a current trading price of $1.95, dropping below its open price of $2.04. Volume inclined despite its decline to 1.37M, rising high above its average volume of 497,825.00. Market capitalization stands in the high billion range of $175.38M, following an EPS of -0.76. Since opening today, Opnext, Inc. has traded in a range of $1.91-$2.05 for the day so far.
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Riverbed Technology, Inc. (NASDAQ:RVBD) after opening today at $34.00, Riverbed Technology is currently trading a price of $35.47 with a decline of 4.06%. Volume rose even though the company faced decline to 8.12M, bypassing its average volume of 3.29M. Market capitalization stands at 5.20B, while a P/E of 245.22 and an EPS of 0.14 has been reported. Riverbed Technology has been trading in a range of $33.13-$35.73 for the day so far.
Cavium Networks, Inc. (NASDAQ:CAVM) plunged by over 7.15% at a price of $40.15 for the current trading period, despite arriving at a current trading volume of 2.80M, its average volume being 811,381.00. Market capitalization has arrived at 1.81B, its EPS remaining negative at -0.06. After opening today at $40.66, Cavium Networks has traded no higher than $41.80 and no lower than $38.50.
Sky mobi Ltd. (NASDAQ:MOBI) skyrocketed by over 13.18% at a price of $5.84 per stock, rising high above its opening price of $5.35. Volume rose to 1.24M as well, leaving its average volume of 513,398.00 far behind. Market capitalization currently resides at 186.61M, but remains with a negative earnings per share of -1.53. Since opening, Sky mobi stands with a trading range of $5.26-$5.98. Sky mobi was initiated as overweight by Piper Jaffrayas reported yesterday, January 19,2011.
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F5 Networks, Inc. (NASDAQ:FFIV) has plummeted by over 21.54% to a current price of $108.88, opening earlier this morning at a price of $111.35. Despite its marginal decline, overall traded volume has arrived at 14.59M for the current trading session, when compared to its average volume of 2.57M. Market capitalization has come to stand in the high billion range of 8.79B, accompanied by a P/E of 58.16 and an EPS of 1.87. F5 Networks, Inc. reported a lower-than-expected revenue for the January-March period, causing the massive plummet for today.
NetSol Technologies Inc. (NASDAQ:NTWK) has arrived at a current trading volume of 2.63M, overriding its average volume of 827,587.00, while the company continues to trade with an incline of 6.18% at a price of $2.20. NetSol Technologies opened this morning at a price of $2.08, trading in a range of $2.06-$2.26 for the day, the later price of $2.26 being the company's new 52-week high. Market capitalization stands at 107.05M, coupled with an earnings per share of 0.08 and a P/E of 28.32.
Opnext, Inc. (NASDAQ:OPXT) is currently trading with a decline of 4.36% at a current trading price of $1.95, dropping below its open price of $2.04. Volume inclined despite its decline to 1.37M, rising high above its average volume of 497,825.00. Market capitalization stands in the high billion range of $175.38M, following an EPS of -0.76. Since opening today, Opnext, Inc. has traded in a range of $1.91-$2.05 for the day so far.
If you'd like to receive further updates and any changes in our opinions of FFIV, NTWK, OPXT, RVBD, CAVM, and MOBI, be sure to Sign-Up for the SCN Newsletter today! It's FREE.
Riverbed Technology, Inc. (NASDAQ:RVBD) after opening today at $34.00, Riverbed Technology is currently trading a price of $35.47 with a decline of 4.06%. Volume rose even though the company faced decline to 8.12M, bypassing its average volume of 3.29M. Market capitalization stands at 5.20B, while a P/E of 245.22 and an EPS of 0.14 has been reported. Riverbed Technology has been trading in a range of $33.13-$35.73 for the day so far.
Cavium Networks, Inc. (NASDAQ:CAVM) plunged by over 7.15% at a price of $40.15 for the current trading period, despite arriving at a current trading volume of 2.80M, its average volume being 811,381.00. Market capitalization has arrived at 1.81B, its EPS remaining negative at -0.06. After opening today at $40.66, Cavium Networks has traded no higher than $41.80 and no lower than $38.50.
Sky mobi Ltd. (NASDAQ:MOBI) skyrocketed by over 13.18% at a price of $5.84 per stock, rising high above its opening price of $5.35. Volume rose to 1.24M as well, leaving its average volume of 513,398.00 far behind. Market capitalization currently resides at 186.61M, but remains with a negative earnings per share of -1.53. Since opening, Sky mobi stands with a trading range of $5.26-$5.98. Sky mobi was initiated as overweight by Piper Jaffrayas reported yesterday, January 19,2011.
If you'd like to receive further updates and any changes in our opinions of FFIV, NTWK, OPXT, RVBD, CAVM, and MOBI, be sure to Sign-Up for the SCN Newsletter today! It's FREE.
