Achillion Pharmaceuticals Inc. (ACHN) was among the biggest gainers on the Russell 2000 for Friday February 12 as the stock popped 8.26% to $6.10, representing a gain of $0.465 per share. Some 1.23 million shares traded hands on 7,390 trades, compared with an average daily volume of 2.19 million shares out of a total float of 136.54 million. The stock opened at $5.70 and traded with an intraday range of $6.26 to $5.57.
After today's gains, Achillion Pharmaceuticals Inc. reached a market cap of $832.24 million. Achillion Pharmaceuticals Inc. has had a trading range between $12.94 and $5.61 over the last year, and it had a 50-day SMA of $8.55 and a 200-day SMA of $8.59.
Achillion Pharmaceuticals Inc is a biopharmaceutical company which focuses on the discovery, development and commercialization of treatments for infectious diseases like hepatitis C virus, or HCV, infection that are once-daily and ribavirin-free.
Achillion Pharmaceuticals Inc. is based out of New Haven, CT and has some 69 employees. Its CEO is Milind S. Deshpande.
For a complete fundamental analysis analysis of Achillion Pharmaceuticals Inc., check out Equities.com’s Stock Valuation Analysis report for ACHN. 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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