Clovis Oncology Inc. (CLVS) was among the biggest gainers on the Russell 2000 for Tuesday December 29 as the stock popped 5.71% to $35.17, representing a gain of $1.9 per share. Some 961,966 shares traded hands on 7,100 trades, compared with an average daily volume of 1.74 million shares out of a total float of 38.32 million. The stock opened at $33.53 and traded with an intraday range of $35.25 to $33.16.
After today's gains, Clovis Oncology Inc. reached a market cap of $1.35 billion. Clovis Oncology Inc. has had a trading range between $116.75 and $24.50 over the last year, and it had a 50-day SMA of $60.03 and a 200-day SMA of $79.39.
Clovis Oncology Inc is a biopharmaceutical company focused on acquiring, developing and commercializing innovative anti-cancer agents in the United States, Europe and additional international markets.
Clovis Oncology Inc. is based out of Boulder, CO and has some 136 employees. Its CEO is Patrick J. Mahaffy.
For a complete fundamental analysis analysis of Clovis Oncology Inc., check out Equities.com’s Stock Valuation Analysis report for CLVS. 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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