LLNW - Limelight Networks Inc.: 52-Week High Recently Eclipsed (LLNW)

Limelight Networks Inc. (NASDAQ:LLNW) traded today at a new 52-week high of $5.12. This new high was reached on below average trading volume as 940,000 shares traded hands, while the average 30-day volume is approximately 1.7 million shares.

Limelight Networks Inc. (NASDAQ:LLNW) is currently priced 7.1% above its average consensus analyst price target of $4.71.

In the past 52 weeks, shares of Limelight Networks Inc. have traded between a low of $2.30 and a high of $5.12 and is now at $5.07, which is 120% above that low price.

Limelight Networks Inc provides a content delivery network and value-added services, that help content owners improve streaming quality, download speeds, and advertising capabilities. It owns a network of servers that help control the performance and quality of users watching videos and using websites on fixed and mobile networks. Its solution includes Realtime Streaming, IoT and Edge Compute, File Distribution, Web Content Delivery, Live Video, and others. Its product portfolio includes content and video delivery, edge cloud, cloud security, origin storage, and others. Geographically, the company operates in three geographic areas namely the Americas which is the key revenue driver, Europe, Middle East and Africa (EMEA), and the Asia Pacific.

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