Carbonite Inc. (CARB) was among the biggest gainers on the Russell 2000 for Wednesday February 10 as the stock popped 5.95% to $7.12, representing a gain of $0.4 per share. Some 175,701 shares traded hands on 1,457 trades, compared with an average daily volume of 90,918 shares out of a total float of 27.25 million. The stock opened at $6.77 and traded with an intraday range of $7.29 to $6.70.
After today's gains, Carbonite Inc. reached a market cap of $194.04 million. Carbonite Inc. has had a trading range between $15.43 and $6.65 over the last year, and it had a 50-day SMA of $9.18 and a 200-day SMA of $10.63.
Carbonite Inc together with its subsidiaries, provides easy-to-use, affordable, and secure cloud backup solutions with anytime, anywhere access to files stored on it servers.
Carbonite Inc. is based out of Boston, MA and has some 589 employees. Its CEO is .
For a complete fundamental analysis analysis of Carbonite Inc., check out Equities.com’s Stock Valuation Analysis report for CARB. 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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