|Day Low/High||86.28 / 87.88|
|52 Wk Low/High||74.87 / 134.80|
Trade-Ideas LLC identified LogMeIn (LOGM) as a pre-market mover with heavy volume candidate
Shares of LogMeIn surge while Citrix drops in after-hours trading.
28% Revenue Growth; Operating Cash Flow 31% of Revenue
As large tech groups and private sponsors shop for software companies, outfits with enterprise clients and cloud services have come into focus.
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Stocks with insider trader activity include IRM, BBY and LOGM
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In trading on Monday, shares of LogMeIn Inc crossed above their 200 day moving average of $61.50, changing hands as high as $62.05 per share. LogMeIn Inc shares are currently trading up about 3.9% on the day.
The most recent short interest data has been released for the 04/15/2016 settlement date, which shows a 261,417 share decrease in total short interest for LogMeIn Inc , to 1,803,545, a decrease of 12.66% since 03/31/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
Trade-Ideas LLC identified LogMeIn (LOGM) as a strong on high relative volume candidate
30% Revenue Growth; 21% Adjusted EBITDA margin; $38 million in operating cash flow; Increases FY'16 Revenue and Non-GAAP EPS Guidance
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in LogMeIn Inc , where a total of 1,919 contracts have traded so far, representing approximately 191,900 underlying shares. That amounts to about 65.8% of LOGM's average daily trading volume over the past month of 291,590 shares.
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