Accelerate Diagnostics Inc (AXDX) was among the biggest gainers on the Russell 2000 for Wednesday February 17 as the stock popped 7.86% to $12.43, representing a gain of $0.905 per share. Some 167,705 shares traded hands on 1,249 trades, compared with an average daily volume of 284,369 shares out of a total float of 44.74 million. The stock opened at $11.49 and traded with an intraday range of $12.56 to $11.37.
After today's gains, Accelerate Diagnostics Inc reached a market cap of $555.88 million. Accelerate Diagnostics Inc has had a trading range between $31.29 and $10.29 over the last year, and it had a 50-day SMA of $17.76 and a 200-day SMA of $20.24.
Accelerate Diagnostics Inc is an in vitro diagnostics company. It is engaged in developing and commercializing instrumentation for the rapid identification and antibiotic susceptibility testing of infectious pathogens.
Accelerate Diagnostics Inc is based out of Tucson, AZ and has some 73 employees. Its CEO is Lawrence Mehren.
For a complete fundamental analysis analysis of Accelerate Diagnostics Inc, check out Equities.com’s Stock Valuation Analysis report for AXDX. 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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