Benefitfocus Inc (BNFT) was among the biggest gainers on the Russell 2000 for Wednesday February 17 as the stock popped 5.81% to $27.67, representing a gain of $1.52 per share. Some 218,865 shares traded hands on 2,200 trades, compared with an average daily volume of 181,640 shares out of a total float of 29.14 million. The stock opened at $26.41 and traded with an intraday range of $27.83 to $25.62.
After today's gains, Benefitfocus Inc reached a market cap of $806.3 million. Benefitfocus Inc has had a trading range between $47.49 and $20.75 over the last year, and it had a 50-day SMA of $32.07 and a 200-day SMA of $35.95.
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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