Systemax Inc. (SYX) Soars 16.64% on December 10

Systemax Inc. (SYX) Soars 16.64% on December 10

Systemax Inc. (SYX) had a good day on the market for Monday December 10 as shares jumped 16.64% to close at $30.35. About 263,852 shares traded hands on 2,550 trades for the day, compared with an average daily volume of 94,459 shares out of a total float of 37.19 million. After opening the trading day at $28.00, shares of Systemax Inc. stayed within a range of $31.08 to $27.95.

With today’s gains, Systemax Inc. now has a market cap of $1.13 billion.

The stock has a P/E Ratio of 18. Shares of Systemax Inc. have been trading within a range of $47.75 and $25.08 over the last year, and it had a 50-day SMA of $28.73 and a 200-day SMA of $32.08.

Systemax Inc is a United States based company which acts as a retailer of brand name and private label products, including industrial, material handling and supplies, computer equipment and related accessories, technology supplies and consumer electronics. The company’s operations are organized into two segments namely Industrial Products Group, and Europe Technology Products. It provides maintenance, repair, and operations services, and communication technology and consumer electronics products which include electrical and bulbs, fasteners and hardware, computer and mobile devices, computer parts and memory. The company markets its products under the trademarks such as, Nexel, Relius, Relius Solutions and Interion.

Systemax Inc. is based out of Port Washington, NY and has some 1,900 employees. Its CEO is Lawrence P. Reinhold.

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