ABIOMED Inc. (ABMD) was among the biggest gainers on the Russell 2000 for Tuesday February 16 as the stock popped 6.88% to $78.05, representing a gain of $5.0247 per share. Some 477,287 shares traded hands on 4,485 trades, compared with an average daily volume of 692,464 shares out of a total float of 42.44 million. The stock opened at $74.00 and traded with an intraday range of $78.78 to $73.72.
After today's gains, ABIOMED Inc. reached a market cap of $3.31 billion. ABIOMED Inc. has had a trading range between $110.68 and $58.31 over the last year, and it had a 50-day SMA of $84.30 and a 200-day SMA of $81.47.
The stock has a P/E Ratio of 25.7.
Abiomed Inc is engaged in providing mechanical circulatory support devices and it offers a continuum of care in heart recovery to heart failure patients.
ABIOMED Inc. is based out of Danvers, MA and has some 589 employees. Its CEO is Michael R. Minogue.
For a complete fundamental analysis analysis of ABIOMED Inc., check out Equities.com’s Stock Valuation Analysis report for ABMD. 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.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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