Arrowhead Research Corp (ARWR) was among the biggest gainers on the Russell 2000 for Tuesday February 16 as the stock popped 6.85% to $3.59, representing a gain of $0.23 per share. Some 522,080 shares traded hands on 2,216 trades, compared with an average daily volume of 1.08 million shares out of a total float of 59.63 million. The stock opened at $3.40 and traded with an intraday range of $3.64 to $3.40.
After today's gains, Arrowhead Research Corp reached a market cap of $214.06 million. Arrowhead Research Corp has had a trading range between $9.36 and $3.07 over the last year, and it had a 50-day SMA of $4.90 and a 200-day SMA of $5.85.
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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