Benefitfocus Inc (BNFT) was one of the Russell 2000's biggest losers for Thursday February 18 as the stock slid 9.46% to $25.07, a loss of $-2.62 per share. Starting at an opening price of $27.79 a share, the stock traded between $24.73 and $28.09 over the course of the trading day. Volume was 177,421 shares over 1,819 trades, against an average daily volume of 179,688 shares and a total float of 29.14 million.
The losses send Benefitfocus Inc down to a market cap of $730.53 million. In the last year, Benefitfocus Inc has traded between $47.49 and $20.75, and its 50-day SMA is currently $31.87 and 200-day SMA is $35.93.
Benefitfocus Inc provider of cloud-based benefits software solutions for consumers, employers, insurance carriers, and brokers. The Company's products are available for Employers & Insurance Carriers.
Benefitfocus Inc is based out of Charleston, SC and has some 1,314 employees. Its CEO is Shawn A. Jenkins.
For a complete fundamental analysis analysis of Benefitfocus Inc, check out Equities.com’s Stock Valuation Analysis report for BNFT. 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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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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