Comtech Telecommunications Corp. (CMTL) was among the biggest gainers on the Russell 2000 for Tuesday December 22 as the stock popped 5.27% to $20.79, representing a gain of $1.04 per share. Some 111,349 shares traded hands on 1,147 trades, compared with an average daily volume of 108,257 shares out of a total float of 16.15 million. The stock opened at $19.89 and traded with an intraday range of $20.79 to $19.48.
After today's gains, Comtech Telecommunications Corp. reached a market cap of $335.8 million. Comtech Telecommunications Corp. has had a trading range between $36.28 and $19.07 over the last year, and it had a 50-day SMA of $22.69 and a 200-day SMA of $26.62.
The stock has a P/E Ratio of 16.6.
Comtech Telecommunications Corp is engaged in designing, developing, producing and marketing products, systems and services for communications solutions.
Comtech Telecommunications Corp. is based out of Melville, NY and has some 978 employees. Its CEO is Stanton D. Sloane.
For a complete fundamental analysis analysis of Comtech Telecommunications Corp., check out Equities.com’s Stock Valuation Analysis report for CMTL. 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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