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Friday, July 22, 2016

$ABAX is one of biggest losers #stocks today. read more:

ABAXIS, Inc. (symbol: ABAX) was one of the worst losers of the trading day
today (2016-07-22), losing -15.32%. The number of shares that changed hands
was 1,097,514, or about 7 times the average daily volume in the stock.
The closing price was $46.36, amounting to a market cap of $1,040,000,000,
about -20.28% off the highest price in the last 12 months. The stock has
been trading at a range between $37.71 and $58.15.
ABAX is in the Industrial Machinery/Components industry, part of the
Capital Goods sector. It first went public in 1992.
Looking at its valuation, the stock is now trading at 33.5 times earnings.

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