LogMein, Inc. (symbol: LOGM) was one of the biggest winners of the trading
day today (2016-04-29), gaining 13.15%. The number of shares that changed
hands was 1,087,251, or about 3.5 times the average daily volume in the
stock.
The closing price was $59.7, amounting to a market cap of $1,500,000,000,
about -20.84% off the highest price in the last 12 months. The stock has
been trading at a range between $35.0 and $75.42.
LOGM is in the Computer Software: Prepackaged Software industry, part of
the Technology sector. It first went public in 2009.
Looking at its valuation, the stock is now trading at 106.61 times earnings.
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