Cenveo (CVO) Drops 5.05% on February 02

Equities Staff |

Cenveo (CVO) was one of the Russell 2000's biggest losers for Tuesday February 02 as the stock slid 5.05% to $0.55, a loss of $-0.0293 per share. Starting at an opening price of $0.55 a share, the stock traded between $0.46 and $0.62 over the course of the trading day. Volume was 614,686 shares over 1,399 trades, against an average daily volume of 266,339 shares and a total float of 67.87 million.

The losses send Cenveo down to a market cap of $37.38 million. In the last year, Cenveo has traded between $2.70 and $0.48, and its 50-day SMA is currently $1.03 and 200-day SMA is $1.74.

Cenveo Inc along with its subsidiaries is engaged in envelope converting, commercial printing, and the manufacturing of label and specialty packaging products.

Cenveo is based out of Stamford, CT and has some 8,100 employees. Its CEO is Robert G. Burton.

For a complete fundamental analysis analysis of Cenveo, check out Equities.com’s Stock Valuation Analysis report for CVO. 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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