Commercial Metals Co. (CMC) was among the biggest gainers on the Russell 2000 for Monday February 15 as the stock popped 6.98% to $13.94, representing a gain of $0.91 per share. Some 1.81 million shares traded hands on 10,802 trades, compared with an average daily volume of 1.66 million shares out of a total float of 116.24 million. The stock opened at $13.22 and traded with an intraday range of $13.97 to $13.22.
After today's gains, Commercial Metals Co. reached a market cap of $1.62 billion. Commercial Metals Co. has had a trading range between $17.76 and $12.44 over the last year, and it had a 50-day SMA of $13.72 and a 200-day SMA of $14.89.
The stock has a P/E Ratio of 11.7.
Commercial Metals Co manufactures, recycles and markets steel and metal products and related materials and services through a network including steel mills.
Commercial Metals Co. is based out of Irving, TX and has some 9,126 employees. Its CEO is .
For a complete fundamental analysis analysis of Commercial Metals Co., check out Equities.com’s Stock Valuation Analysis report for CMC. 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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