Fleetmatics Group PLC (symbol: FLTX) was one of the biggest winners of the
trading day today (2016-08-01), gaining 38.71%. The number of shares that
changed hands was 13,835,470, or about 33.4 times the average daily volume
in the stock.
The closing price was $59.59, amounting to a market cap of $2,320,000,000,
about -5.2% off the highest price in the last 12 months. The stock has been
trading at a range between $34.41 and $62.86.
FLTX is in the Computer Software: Prepackaged Software industry, part of
the Technology sector. It first went public in 2012.
Looking at its valuation, the stock is now trading at 71.8 times earnings.
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