CHC Group Ltd (HELI) Drops 11.65% on January 07

Equities Staff |

CHC Group Ltd (HELI) was one of the Russell 2000's biggest losers for Thursday January 07 as the stock slid 11.65% to $6.22, a loss of $-0.82 per share. Starting at an opening price of $6.87 a share, the stock traded between $6.17 and $6.89 over the course of the trading day. Volume was 20,201 shares over 52 trades, against an average daily volume of 20,523 shares and a total float of 2.72 million.

The losses send CHC Group Ltd down to a market cap of $16.9 million. In the last year, CHC Group Ltd has traded between $81.60 and $3.74, and its 50-day SMA is currently $8.04 and 200-day SMA is $22.67.

CHC Group Ltd is a commercial helicopter service provider to the offshore oil and gas industry. It is a commercial operator of heavy and medium helicopter based on its fleet of approximately 231 heavy and medium helicopters.

CHC Group Ltd is based out of Grand Cayman, and has some 4,400 employees. Its CEO is Karl Fessenden.

For a complete fundamental analysis analysis of CHC Group Ltd, check out Equities.com’s Stock Valuation Analysis report for HELI. 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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