Commercial Vehicle Group Inc. (CVGI) was among the biggest gainers on the Russell 2000 for Tuesday January 26 as the stock popped 5.8% to $2.92, representing a gain of $0.16 per share. Some 82,425 shares traded hands on 632 trades, compared with an average daily volume of 165,686 shares out of a total float of 30 million. The stock opened at $2.79 and traded with an intraday range of $2.93 to $2.75.
After today's gains, Commercial Vehicle Group Inc. reached a market cap of $87.59 million. Commercial Vehicle Group Inc. has had a trading range between $7.50 and $2.02 over the last year, and it had a 50-day SMA of $2.99 and a 200-day SMA of $4.90.
The stock has a P/E Ratio of 6.
Commercial Vehicle Group Inc is a supplier of cab related products and systems for the commercial vehicle market, including the heavy-duty (Class 8) truck market, the medium-and heavy-construction vehicle markets.
Commercial Vehicle Group Inc. is based out of New Albany, OH and has some 6,850 employees. Its CEO is Patrick E. Miller.
For a complete fundamental analysis analysis of Commercial Vehicle Group Inc., check out Equities.com’s Stock Valuation Analysis report for CVGI. 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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