Shares of HubSpot Inc. (HUBS) broke into a new 52-week high yesterday, hitting a peak of $166.07.
Shares closed at $164.58 after opening at $164.19 for a move of 0.49%. The company now has a market cap of $6.46 billion.
Investors and traders can learn a lot about a stock’s momentum when it sets a new 52-week high. As an example, bullish investors view a company hitting its highest price in a year as a sign of
momentum and may interpret it as a signal to buy. On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out
before an impending period of decline.
For HubSpot Inc., the new 52-week high came on volume of 723,055. The stock has a float of 39.23 million shares and average daily volume of $538,468. It has a
50-day SMA of $136.15 and a 200-day SMA of $132.10.
For a complete fundamental analysis analysis of HubSpot Inc., check out Equities.com’s Stock Valuation Analysis report
for
HUBS.
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Hubspot Inc. is a provider of cloud-based marketing and sales software solutions to mid-market businesses that are delivered through its centralized platform, which allows businesses to create personalized interactions with customers through emails and social media alerts. Its solutions include social media, search engine optimization, blogging, website content management, marketing automation, and data analytics capabilities. The company derives revenue from subscription fees to its solutions that are typically sold on an annual basis. A majority of the firm’s revenue is generated in the Americas, but it also has a presence in the Europe and Asia-Pacific regions.
HubSpot Inc. is based out of Cambridge, MA and has some 2,594 employees. Its CEO is Brian Halligan.
HubSpot Inc. is also a component of the Russell 2000 Index, which is an invaluable tool for any small-cap investor. Consisting of the smaller 2,000 publicly traded companies of the 3,000 largest
companies in America by market cap (which combine to make the broader Russell 3000 index), the Russell 2000 gives the most comprehensive snapshot of the small-cap market of any index out there.
What’s more, the Russell 2000 is maintained by Russell Investments, a company committed to using rules-based methodologies to construct unbiased indices that differ from the committee-selected Dow
Jones Industrial Average or S&P 500.
To get more information on HubSpot Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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