Cooper Tire & Rubber Co. (CTB) was among the biggest gainers on the Russell 2000 for Monday January 11 as the stock popped 5.61% to $34.85, representing a gain of $1.85 per share. Some 858,286 shares traded hands on 6,355 trades, compared with an average daily volume of 468,548 shares out of a total float of 56.05 million. The stock opened at $33.26 and traded with an intraday range of $34.99 to $33.04.
After today's gains, Cooper Tire & Rubber Co. reached a market cap of $1.95 billion. Cooper Tire & Rubber Co. has had a trading range between $43.94 and $31.18 over the last year, and it had a 50-day SMA of $39.90 and a 200-day SMA of $38.36.
The stock has a P/E Ratio of 8.3.
Cooper Tire & Rubber Co produces and markets passenger, light truck, medium truck, motorsport and motorcycle tires which are sold nationally and internationally in the replacement tire market.
Cooper Tire & Rubber Co. is based out of Findlay, OH and has some 8,881 employees. Its CEO is Roy V. Armes.
For a complete fundamental analysis analysis of Cooper Tire & Rubber Co., check out Equities.com’s Stock Valuation Analysis report for CTB. 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.
For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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