Bassett Furniture Industries Incorporated (BSET) Soars 1.6% on March 02

Equities Staff  |

Bassett Furniture Industries Incorporated (BSET) had a good day on the market for Tuesday March 02 as shares jumped 1.6% to close at $22.18. About 56,718 shares traded hands on 1,004 trades for the day, compared with an average daily volume of n/a shares out of a total float of 9.95 million. After opening the trading day at $21.89, shares of Bassett Furniture Industries Incorporated stayed within a range of $22.35 to $21.69.

With today's gains, Bassett Furniture Industries Incorporated now has a market cap of $220.67 million. Shares of Bassett Furniture Industries Incorporated have been trading within a range of $25.98 and $4.25 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Bassett Furniture Industries Inc is a manufacturer, importer, and retailer of home furnishings products in the United States. It operates through the following segments: The Wholesale segment focuses on the design, manufacture, sourcing, sale, and distribution of furniture products. The Retail segment consists of company-owned stores. The Logistical Services segment offers shipping, delivery, and warehousing services.

Bassett Furniture Industries Incorporated is based out of Bassett, VA and has some 2,071 employees. Its CEO is Robert H. Spilman.

For a complete fundamental analysis of Bassett Furniture Industries Incorporated, check out’s Stock Valuation Analysis report for BSET.

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Bassett Furniture Industries Incorporated is also a component of the Russell 2000. 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.

To get more information on Bassett Furniture Industries Incorporated and to follow the company’s latest updates, you can visit the company’s profile page here: BSET’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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