Cascade Microtech Inc. (CSCD) was one of the Russell 2000's biggest losers for Tuesday February 02 as the stock slid 6% to $15.52, a loss of $-0.99 per share. Starting at an opening price of $16.33 a share, the stock traded between $15.52 and $16.33 over the course of the trading day. Volume was 9,779 shares over 120 trades, against an average daily volume of 55,548 shares and a total float of 15.86 million.
The losses send Cascade Microtech Inc. down to a market cap of $246.08 million. In the last year, Cascade Microtech Inc. has traded between $17.09 and $12.12, and its 50-day SMA is currently $15.84 and 200-day SMA is $15.14.
The stock has a P/E Ratio of 21.
Cascade Microtech Inc designs, develops, manufactures and markets wafer probing solutions for the electrical measurement and testing of chips. It mainly operates in Beaverton, Oregon, North St. Paul, Minnesota, Munich, Germany.
Cascade Microtech Inc. is based out of Beaverton, OR and has some 449 employees. Its CEO is Michael D. Burger.
For a complete fundamental analysis analysis of Cascade Microtech Inc., check out Equities.com’s Stock Valuation Analysis report for CSCD. 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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