Andersons Inc. (ANDE) Drops 6.3% on February 02

Equities Staff |

Andersons Inc. (ANDE) was one of the Russell 2000's biggest losers for Tuesday February 02 as the stock slid 6.3% to $27.21, a loss of $-1.83 per share. Starting at an opening price of $28.69 a share, the stock traded between $27.12 and $29.56 over the course of the trading day. Volume was 94,556 shares over 1,033 trades, against an average daily volume of 162,966 shares and a total float of 28 million.

The losses send Andersons Inc. down to a market cap of $761.88 million. In the last year, Andersons Inc. has traded between $49.12 and $24.05, and its 50-day SMA is currently $30.93 and 200-day SMA is $36.20.

The stock has a P/E Ratio of 12.9.

Andersons Inc is a diversified company with interests in the grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as in railcar leasing and repair, turf products production and general merchandise retailing.

Andersons Inc. is based out of Maumee, OH and has some 3,345 employees. Its CEO is Patrick E. Bowe.

For a complete fundamental analysis analysis of Andersons Inc., check out Equities.com’s Stock Valuation Analysis report for ANDE. 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

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