Barracuda Networks Inc (CUDA) Jumps 10.3% on February 01

Equities Staff |

Barracuda Networks Inc (CUDA) was among the biggest gainers on the Russell 2000 for Monday February 01 as the stock popped 10.3% to $11.67, representing a gain of $1.0898 per share. Some 1.61 million shares traded hands on 8,467 trades, compared with an average daily volume of 812,707 shares out of a total float of 53.1 million. The stock opened at $10.51 and traded with an intraday range of $11.99 to $10.31.

After today's gains, Barracuda Networks Inc reached a market cap of $619.69 million. Barracuda Networks Inc has had a trading range between $46.78 and $9.44 over the last year, and it had a 50-day SMA of $15.92 and a 200-day SMA of $26.94.

Barracuda Networks, Inc. designs and delivers security and storage solutions. It offers cloud-connected solutions that help customers address security threats, improve network performance and protect and store data.

Barracuda Networks Inc is based out of Campbell, CA and has some 1,365 employees. Its CEO is William D. Jenkins.

For a complete fundamental analysis analysis of Barracuda Networks Inc, check out Equities.com’s Stock Valuation Analysis report for CUDA. 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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