Akamai Technologies (NASDAQ:AKAM) changed 9.80% to recent value of $97.1. The stock transacted 4283555 shares during most recent day however it has an average volume of 1.54M shares. It spotted trading -6.04% off 52-week high price. On the other end, the stock has been noted 44.32% away from the low price over the last 52-weeks.
On March 18, 2020, Akamai Technologies (NASDAQ:AKAM) the intelligent edge platform for securing and delivering digital experiences, revealed the appointment of Marianne Brown to the Akamai Board of Directors effective March 13, 2020.
Marianne is an experienced CEO, COO and board member, and we are fortunate to add her to our board of directors, said Dr. Tom Leighton, chief executive officer of Akamai. We look forward to benefiting from her extensive financial, operational and leadership expertise, her diverse perspectives, and her valuable experience with large, global technology-driven companies.
Ms. Brown joined the board of directors of VMware in 2019 and has been a member of the Northrop Grumman Corporation board since 2015. Her well-rounded career includes serving as corporate executive vice president and co-chief operating officer, global financial solutions segment of Fidelity National Information Services (FIS). Prior to that, Ms. Brown was chief operating officer of the institutional and wholesale business of FIS. FIS acquired SunGard Financial Systems LLC, where she had served as chief operating officer. From 2006 to 2014, Ms. Brown was president and chief executive officer of Omgeo, and from 2005 to 2006 she was chief executive officer of the Securities Industry Automation Corporation (SIAC). Prior to joining SIAC, Ms. Brown spent 26 years with Automatic Data Processing (ADP), in various positions of increasing responsibility in areas including customer service, account management and sales, operations, technology, and development.
AKAM has a gross margin of 65.90% and an operating margin of 19.00% while its profit margin remained 16.50% for the last 12 months. Its earnings per share (EPS) expected to touch remained 63.00% for this year while earning per share for the next 5-years is expected to reach at 7.12%.
The company has 175.98M of outstanding shares and 157.37M shares were floated in the market. According to the most recent quarter its current ratio was 3.2 that represents company’s ability to meet its current financial obligations. The price moved ahead of 6.90% from the mean of 20 days, 3.97% from mean of 50 days SMA and performed 10.57% from mean of 200 days price. Company’s performance for the week was 11.58%, -3.82% for month and YTD performance remained 12.41%.