Boingo Wireless Inc. (WIFI) was among the biggest gainers on the Russell 2000 for Monday December 21 as the stock popped 5.2% to $6.68, representing a gain of $0.33 per share. Some 344,991 shares traded hands on 2,017 trades, compared with an average daily volume of 320,959 shares out of a total float of 37.18 million. The stock opened at $6.31 and traded with an intraday range of $6.78 to $6.26.
After today's gains, Boingo Wireless Inc. reached a market cap of $248.38 million. Boingo Wireless Inc. has had a trading range between $10.42 and $5.89 over the last year, and it had a 50-day SMA of $7.09 and a 200-day SMA of $8.10.
Boingo Wireless Inc along with its subsidiaries provides mobile Wi-Fi Internet solutions. It installs, manages, and operates wireless network infrastructure to provide Wi-Fi services at its managed and operated hotspots, such as airports and hotels.
Boingo Wireless Inc. is based out of Los Angeles, CA and has some 265 employees. Its CEO is David Hagan.
For a complete fundamental analysis analysis of Boingo Wireless Inc., check out Equities.com’s Stock Valuation Analysis report for WIFI. 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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