2U Inc (TWOU) was among the biggest gainers on the Russell 2000 for Tuesday February 16 as the stock popped 7.58% to $17.18, representing a gain of $1.21 per share. Some 777,383 shares traded hands on 4,813 trades, compared with an average daily volume of 984,815 shares out of a total float of 45.58 million. The stock opened at $16.16 and traded with an intraday range of $17.63 to $16.15.
After today's gains, 2U Inc reached a market cap of $783 million. 2U Inc has had a trading range between $39.69 and $14.94 over the last year, and it had a 50-day SMA of $23.27 and a 200-day SMA of $28.08.
2U Inc is engaged in providing cloud-based software-as-a-service platform. Its platform enables nonprofit colleges and universities to deliver education to qualified students anywhere.
2U Inc is based out of Landover, MD and has some 784 employees. Its CEO is .
For a complete fundamental analysis analysis of 2U Inc, check out Equities.com’s Stock Valuation Analysis report for TWOU. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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