Boston Beer Co. Cl A (SAM) was among the biggest gainers on the Russell 2000 for Friday January 29 as the stock popped 5.08% to $178.83, representing a gain of $8.65 per share. Some 120,837 shares traded hands on 1,653 trades, compared with an average daily volume of 160,798 shares out of a total float of 12.92 million. The stock opened at $171.42 and traded with an intraday range of $179.37 to $170.84.
After today's gains, Boston Beer Co. Cl A reached a market cap of $2.31 billion. Boston Beer Co. Cl A has had a trading range between $321.99 and $160.84 over the last year, and it had a 50-day SMA of $197.17 and a 200-day SMA of $225.49.
The stock has a P/E Ratio of 22.8.
Boston Beer Co Inc is engaged in the business of selling low alcohol beverages in the United States. The Companys beers are mainly positioned in the Better Beer category of the beer industry.
Boston Beer Co. Cl A is based out of Boston, MA and has some 1,325 employees. Its CEO is Martin F. Roper.
For a complete fundamental analysis analysis of Boston Beer Co. Cl A, check out Equities.com’s Stock Valuation Analysis report for SAM. 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.
For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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