Alder Biopharmaceuticals Inc (ALDR) was among the biggest gainers on the Russell 2000 for Wednesday January 20 as the stock popped 5.42% to $29.57, representing a gain of $1.52 per share. Some 492,813 shares traded hands on 5,600 trades, compared with an average daily volume of 603,956 shares out of a total float of 43.61 million. The stock opened at $27.62 and traded with an intraday range of $29.57 to $26.10.
After today's gains, Alder Biopharmaceuticals Inc reached a market cap of $1.29 billion. Alder Biopharmaceuticals Inc has had a trading range between $54.90 and $22.23 over the last year, and it had a 50-day SMA of $34.19 and a 200-day SMA of $37.23.
Alder BioPharmaceuticals Inc is a clinical-stage bio-pharmaceutical company. The Company discovers, develops and seeks to commercialize therapeutic antibodies with the potential to meaningfully transform current treatment paradigms.
Alder Biopharmaceuticals Inc is based out of Bothell, WA and has some 87 employees. Its CEO is Randall C. Schatzman.
For a complete fundamental analysis analysis of Alder Biopharmaceuticals Inc, check out Equities.com’s Stock Valuation Analysis report for ALDR. 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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