LogMein, Inc. (symbol: LOGM) was one of the biggest winners of the trading
day today (2016-07-27), gaining 19.95%. The number of shares that changed
hands was 3,402,234, or about 13.3 times the average daily volume in the
stock.
The closing price was $83.62, amounting to a market cap of $2,090,000,000,
about -3.22% off the highest price in the last 12 months. The stock has
been trading at a range between $35.0 and $86.4.
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 163.0 times earnings.
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