Cascade Microtech Inc. (CSCD) Jumps 32.4% on February 04

Equities Staff |

Cascade Microtech Inc. (CSCD) was among the biggest gainers on the Russell 2000 for Thursday February 04 as the stock popped 32.4% to $20.23, representing a gain of $4.95 per share. Some 1 million shares traded hands on 3,925 trades, compared with an average daily volume of 54,938 shares out of a total float of 15.86 million. The stock opened at $19.83 and traded with an intraday range of $20.51 to $19.75.

After today's gains, Cascade Microtech Inc. reached a market cap of $320.76 million. Cascade Microtech Inc. has had a trading range between $17.09 and $12.12 over the last year, and it had a 50-day SMA of $15.82 and a 200-day SMA of $15.16.

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.

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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