Blue Nile Inc (NILE) was one of the Russell 2000's biggest losers for Thursday February 11 as the stock slid 19.81% to $24.94, a loss of $-6.16 per share. Starting at an opening price of $23.83 a share, the stock traded between $22.33 and $26.90 over the course of the trading day. Volume was 802,985 shares over 6,258 trades, against an average daily volume of 108,249 shares and a total float of 11.53 million.
The losses send Blue Nile Inc down to a market cap of $287.64 million. In the last year, Blue Nile Inc has traded between $39.00 and $26.62, and its 50-day SMA is currently $34.98 and 200-day SMA is $32.66.
The stock has a P/E Ratio of 35.3.
Blue Nile Inc is an online retailer of high-quality diamonds and fine jewelry such as engagement and non-engagement products. It offers its products for sale through its website in over 40 countries and territories throughout the world.
Blue Nile Inc is based out of Seattle, WA and has some 301 employees. Its CEO is Harvey S. Kanter.
For a complete fundamental analysis analysis of Blue Nile Inc, check out Equities.com’s Stock Valuation Analysis report for NILE. 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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