CECO Environmental Corp. (CECE) was among the biggest gainers on the Russell 2000 for Thursday January 21 as the stock popped 5.63% to $7.50, representing a gain of $0.4 per share. Some 148,685 shares traded hands on 853 trades, compared with an average daily volume of 173,660 shares out of a total float of 34.05 million. The stock opened at $7.30 and traded with an intraday range of $7.60 to $7.15.
After today's gains, CECO Environmental Corp. reached a market cap of $255.36 million. CECO Environmental Corp. has had a trading range between $15.31 and $6.66 over the last year, and it had a 50-day SMA of $7.93 and a 200-day SMA of $9.42.
CECO Environmental, along with its subsidiaries, is an environmental technology company focused on critical solutions in the product recovery, air pollution control, fluid handling and filtration segments.
CECO Environmental Corp. is based out of Cincinnati, OH and has some 853 employees. Its CEO is Jeff Lang.
For a complete fundamental analysis analysis of CECO Environmental Corp., check out Equities.com’s Stock Valuation Analysis report for CECE. 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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