Sourcefire Surges (FIRE)

Benzinga has been following the activity in Sourcefire FIRE this week, as the stock has been running over the last few trading sessions. FIRE made a big move today, popping over 7% to $27.21. The stock is still trading below the highs it hit in October, however, and this move may have legs. The company has a market capitalization of $754 million and has been the subject of takeover rumors. In the last 5 sessions, FIRE has surged almost 17%, but is down around 7% on the one month chart. The stock trades at a trailing P/E of 35.28, a forward P/E of 38.86 and a PEG ratio of 1.74. Sourcefire, Inc. (Sourcefire) is a provider of cybersecurity solutions for information technology (IT), environments of commercial enterprises, including healthcare, financial services, manufacturing, energy, education, retail and telecommunications companies, and federal, state and local government organizations worldwide.