CBIZ Inc. (CBZ) Soars 2.39% on June 29

Equities Staff  |

CBIZ Inc. (CBZ) had a good day on the market for Monday June 29 as shares jumped 2.39% to close at $23.59. About 191,302 shares traded hands on 2,368 trades for the day, compared with an average daily volume of n/a shares out of a total float of 54.51 million. After opening the trading day at $23.39, shares of CBIZ Inc. stayed within a range of $23.79 to $23.08.

With today's gains, CBIZ Inc. now has a market cap of $1.29 billion. Shares of CBIZ Inc. have been trading within a range of $28.73 and $16.86 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

CBIZ Inc through its subsidiaries provides professional business services. Its business units have been aggregated into three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The company provides its services to various industries such as Agribusiness, Construction, Health Care, Oil and Gas, Real Estate, Retail, Financial Institutions, and Government among others. It derives the majority of its revenues from the Financial Services segment and geographically from the United States.

CBIZ Inc. is based out of Cleveland, OH and has some 4,800 employees. Its CEO is Jerome P. Grisko.

For a complete fundamental analysis of CBIZ Inc., check out Equities.com’s Stock Valuation Analysis report for CBZ.

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CBIZ Inc. is also a component of the Russell 2000. 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.

To get more information on CBIZ Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: CBZ’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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