Alarm.com Holdings Inc. (ALRM) Moves Lower on Volume Spike for February 08

Alarm.com Holdings Inc. (ALRM) traded on unusually high volume on Feb. 08, as the stock lost 0.66% to close at $27.14. On the day, Alarm.com Holdings Inc. saw 290,010 shares trade hands on 2,019 trades. Considering that the stock averages only a daily volume of 166,745 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $34.43 and $14.00 over the last 52-weeks, its 50-day SMA is now $28.02, and its 200-day SMA $26.89. Alarm.com Holdings Inc. has a P/B ratio of 6.77. It also has a P/E ratio of 60.5.

Alarm.com Holdings Inc is a cloud-based software platform solution for the connected home. The Company through its cloud-based services makes connected home technology accessible to millions of home and business owners.

Headquartered in Tysons, VA, Alarm.com Holdings Inc. has 579 employees and is currently under the leadership of CEO Stephen Trundle.

For a complete fundamental analysis analysis of Alarm.com Holdings Inc., check out Equities.com’s Stock Valuation Analysis report for ALRM.

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to learn more about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading Stocks today.

To get more information on Alarm.com Holdings Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: ALRM’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer