Calavo Growers Inc. (CVGW) was one of the Russell 2000's biggest losers for Monday December 21 as the stock slid 5.13% to $49.93, a loss of $-2.7 per share. Starting at an opening price of $52.31 a share, the stock traded between $49.86 and $53.01 over the course of the trading day. Volume was 303,067 shares over 2,311 trades, against an average daily volume of 166,556 shares and a total float of 17.38 million.
The losses send Calavo Growers Inc. down to a market cap of $867.95 million. In the last year, Calavo Growers Inc. has traded between $62.13 and $37.50, and its 50-day SMA is currently $51.28 and 200-day SMA is $50.97.
The stock has a P/E Ratio of 40.6.
Calavo Growers Inc is in the avocado industry and an expanding provider of value-added fresh food. It sells avocados to a group of supermarket chains, wholesalers, food service and other distributors, under brand labels, as well as private labels.
Calavo Growers Inc. is based out of Santa Paula, CA and has some 1,987 employees. Its CEO is Lecil E. Cole.
For a complete fundamental analysis analysis of Calavo Growers Inc., check out Equities.com’s Stock Valuation Analysis report for CVGW. 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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