Adams Resources & Energy Inc. (AE) Drops 7.94% on January 20

Equities Staff |

Adams Resources & Energy Inc. (AE) was one of the Russell 2000's biggest losers for Wednesday January 20 as the stock slid 7.94% to $31.87, a loss of $-2.75 per share. Starting at an opening price of $33.81 a share, the stock traded between $30.94 and $33.81 over the course of the trading day. Volume was 8,384 shares over 164 trades, against an average daily volume of 6,170 shares and a total float of 4.22 million.

The losses send Adams Resources & Energy Inc. down to a market cap of $134.41 million. In the last year, Adams Resources & Energy Inc. has traded between $73.28 and $32.30, and its 50-day SMA is currently $39.52 and 200-day SMA is $44.44.

The stock has a P/E Ratio of 314.7.

Adams Resources & Energy Inc along with its subsidiaries is engaged in marketing of crude oil, natural gas and petroleum products; tank truck transportation of liquid chemicals; and oil and gas exploration and production.

Adams Resources & Energy Inc. is based out of Houston, TX and has some 870 employees. Its CEO is Thomas S. Smith.

For a complete fundamental analysis analysis of Adams Resources & Energy Inc., check out Equities.com’s Stock Valuation Analysis report for AE. 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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Inception Mining Inc

Inception Mining Inc a mining exploration stage company engaged in the acquisition, exploration, and development of mineral properties, for gold from owned mining properties.

Private Markets

Pinterest

Pinterest is a visual discovery and planning tool. Users ("Pinners") use the site and apps to get ideas for their future, such as recipes, places to travel, and products to…

GoCoin

Blockchain currencies (e.g. Bitcoin) provide a new disruptive way to transfer value between parties over the internet as opposed to going through banks. GoCoin provides online merchants with a suite…