Eye Catching News: Equinix (NASDAQ:EQIX)

Equinix (NASDAQ:EQIX) changed 4.11% to recent value of $522.75. The stock transacted 712957 shares during most recent day however it has an average volume of 371.5K shares. It spotted trading -1.18% off 52-week high price. On the other end, the stock has been noted 55.91% away from the low price over the last 52-weeks.

On July 31, 2019, Equinix (NASDAQ:EQIX), the global interconnection and data center company, announced that its board of directors has declared a quarterly cash dividend of $2.46 per share on its common stock. The quarterly common stock dividend will be paid on September 18, 2019, to shareholders of record on August 21, 2019.

About Equinix

Equinix (Nasdaq:EQIX) connects the world’s leading businesses to their customers, employees and partners inside the most-interconnected data centers. On this global platform for digital business, companies come together across more than 50 markets on five continents to reach everywhere, interconnect everyone and integrate everything they need to create their digital futures.

 EQIX has a gross margin of 49.00% and an operating margin of 19.20% while its profit margin remained 8.10% for the last 12 months. Its earnings per share (EPS) expected to touch remained 679.70% for this year while earning per share for the next 5-years is expected to reach at 22.50%.

 The company has 84.36M of outstanding shares and 83.64M shares were floated in the market. According to the most recent quarter its current ratio was 1.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of 2.52% from the mean of 20 days, 3.85% from mean of 50 days SMA and performed 20.09% from mean of 200 days price. Company’s performance for the week was 6.58%, 1.52% for month and YTD performance remained 48.27%.

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