ArcBest Corp (ARCB) was among the biggest gainers on the Russell 2000 for Tuesday January 26 as the stock popped 9.93% to $20.20, representing a gain of $1.825 per share. Some 192,415 shares traded hands on 1,748 trades, compared with an average daily volume of 288,732 shares out of a total float of 25.96 million. The stock opened at $18.50 and traded with an intraday range of $20.47 to $18.42.
After today's gains, ArcBest Corp reached a market cap of $524.3 million. ArcBest Corp has had a trading range between $43.68 and $16.43 over the last year, and it had a 50-day SMA of $21.69 and a 200-day SMA of $29.01.
The stock has a P/E Ratio of 9.1.
ArcBest Corp is a holding company, which through its subsidiaries provides freight transportation services and solutions.
ArcBest Corp is based out of Fort Smith, AR and has some 13,238 employees. Its CEO is Judy R. McReynolds.
For a complete fundamental analysis analysis of ArcBest Corp, check out Equities.com’s Stock Valuation Analysis report for ARCB. 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.
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