Clearfield Inc. (CLFD) was among the biggest gainers on the Russell 2000 for Thursday January 28 as the stock popped 8.01% to $14.02, representing a gain of $1.04 per share. Some 114,390 shares traded hands on 875 trades, compared with an average daily volume of 60,935 shares out of a total float of 13.7 million. The stock opened at $14.00 and traded with an intraday range of $14.62 to $13.11.
After today's gains, Clearfield Inc. reached a market cap of $192.11 million. Clearfield Inc. has had a trading range between $20.28 and $11.23 over the last year, and it had a 50-day SMA of $13.15 and a 200-day SMA of $15.02.
The stock has a P/E Ratio of 40.5.
Clearfield Inc manufactures and sells fiber management and enclosure platform that consolidates, distributes and protects fiber as it moves from the inside plant to the outside plant and all the way to the home, business and cell site.
Clearfield Inc. is based out of Brooklyn Park, MN and has some 182 employees. Its CEO is Cheryl Podzimek Beranek.
For a complete fundamental analysis analysis of Clearfield Inc., check out Equities.com’s Stock Valuation Analysis report for CLFD. 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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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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