Aratana Therapeutics Inc. (PETX) was among the biggest gainers on the Russell 2000 for Wednesday January 20 as the stock popped 5.76% to $3.12, representing a gain of $0.17 per share. Some 428,844 shares traded hands on 3,636 trades, compared with an average daily volume of 565,270 shares out of a total float of 35.01 million. The stock opened at $2.88 and traded with an intraday range of $3.13 to $2.65.
After today's gains, Aratana Therapeutics Inc. reached a market cap of $109.22 million. Aratana Therapeutics Inc. has had a trading range between $20.63 and $2.81 over the last year, and it had a 50-day SMA of $5.56 and a 200-day SMA of $12.13.
Aratana Therapeutics Inc is a development-stage biopharmaceutical company. It is engaged in licensing, development and commercialization of prescription medicines for companion animals.
Aratana Therapeutics Inc. is based out of Kansas City, KS and has some 60 employees. Its CEO is Steven Peter.
For a complete fundamental analysis analysis of Aratana Therapeutics Inc., check out Equities.com’s Stock Valuation Analysis report for PETX. 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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