Ascent Capital Group Inc. Series A (ASCMA) Drops 17.9% on January 25

Equities Staff |

Ascent Capital Group Inc. Series A (ASCMA) was one of the Russell 2000's biggest losers for Monday January 25 as the stock slid 17.9% to $10.64, a loss of $-2.32 per share. Starting at an opening price of $12.98 a share, the stock traded between $10.63 and $12.98 over the course of the trading day. Volume was 106,618 shares over 969 trades, against an average daily volume of 124,168 shares and a total float of 12.66 million.

The losses send Ascent Capital Group Inc. Series A down to a market cap of $134.65 million. In the last year, Ascent Capital Group Inc. Series A has traded between $48.16 and $11.80, and its 50-day SMA is currently $17.36 and 200-day SMA is $30.35.

Ascent Capital Group Inc, through is subsidiary Monitronics International, Inc., provides security alarm monitoring and related services to residential and business subscribers in the United States and parts of Canada.

Ascent Capital Group Inc. Series A is based out of Greenwood Village, CO and has some 1,000 employees. Its CEO is William R. Fitzgerald / Jeffery R. Gardner.

For a complete fundamental analysis analysis of Ascent Capital Group Inc. Series A, check out Equities.com’s Stock Valuation Analysis report for ASCMA. 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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