Carbo Ceramics Inc. (CRR) was among the biggest gainers on the Russell 2000 for Tuesday December 22 as the stock popped 5.54% to $16.96, representing a gain of $0.89 per share. Some 419,405 shares traded hands on 4,411 trades, compared with an average daily volume of 593,033 shares out of a total float of 23.29 million. The stock opened at $16.08 and traded with an intraday range of $17.31 to $15.96.
After today's gains, Carbo Ceramics Inc. reached a market cap of $394.93 million. Carbo Ceramics Inc. has had a trading range between $47.04 and $14.77 over the last year, and it had a 50-day SMA of $18.22 and a 200-day SMA of $29.71.
Carbo Ceramics Inc is engaged in the supply of ceramic proppant. It provides fracture simulation software, fracture design, engineering and consulting services and a broad range of technologies for spill prevention, containment and countermeasures.
Carbo Ceramics Inc. is based out of Houston, TX and has some 1,048 employees. Its CEO is Gary A. Kolstad.
For a complete fundamental analysis analysis of Carbo Ceramics Inc., check out Equities.com’s Stock Valuation Analysis report for CRR. 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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