Corcept Therapeutics Incorporated (CORT) Jumps 7.62% on January 29

Equities Staff |

Corcept Therapeutics Incorporated (CORT) was among the biggest gainers on the Russell 2000 for Friday January 29 as the stock popped 7.62% to $3.53, representing a gain of $0.25 per share. Some 389,535 shares traded hands on 2,441 trades, compared with an average daily volume of 292,297 shares out of a total float of 108.78 million. The stock opened at $3.31 and traded with an intraday range of $3.59 to $3.31.

After today's gains, Corcept Therapeutics Incorporated reached a market cap of $383.98 million. Corcept Therapeutics Incorporated has had a trading range between $7.67 and $2.76 over the last year, and it had a 50-day SMA of $4.58 and a 200-day SMA of $5.07.

Corcept Therapeutics Inc is engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic, psychiatric and oncologic disorders associated with thesteroid hormone cortisol.

Corcept Therapeutics Incorporated is based out of Menlo Park, CA and has some 57 employees. Its CEO is Joseph K. Belanoff.

For a complete fundamental analysis analysis of Corcept Therapeutics Incorporated, check out Equities.com’s Stock Valuation Analysis report for CORT. 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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