Arrowhead Research Corp (ARWR) was one of the Russell 2000's biggest losers for Wednesday January 06 as the stock slid 7.84% to $5.41, a loss of $-0.46 per share. Starting at an opening price of $5.74 a share, the stock traded between $5.34 and $5.84 over the course of the trading day. Volume was 1.04 million shares over 4,133 trades, against an average daily volume of 1.59 million shares and a total float of 59.55 million.
The losses send Arrowhead Research Corp down to a market cap of $322.19 million. In the last year, Arrowhead Research Corp has traded between $9.36 and $4.35, and its 50-day SMA is currently $5.73 and 200-day SMA is $6.29.
Arrowhead Research Corp is engaged in developing novel drugs to treat intractable diseases by silencing the genes. The Company's drug candidate ARC-520 is designed to treat chronic hepatitis B infection.
Arrowhead Research Corp is based out of Pasedena, CA and has some 104 employees. Its CEO is Christopher Anzalone.
For a complete fundamental analysis analysis of Arrowhead Research Corp, check out Equities.com’s Stock Valuation Analysis report for ARWR. 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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