CorEnergy Infrastructure Trust Inc (CORR) Drops 11.67% on February 11

Equities Staff |

CorEnergy Infrastructure Trust Inc (CORR) was one of the Russell 2000's biggest losers for Thursday February 11 as the stock slid 11.67% to $11.50, a loss of $-1.52 per share. Starting at an opening price of $12.60 a share, the stock traded between $10.90 and $12.83 over the course of the trading day. Volume was 310,132 shares over 1,613 trades, against an average daily volume of 178,903 shares and a total float of 11.93 million.

The losses send CorEnergy Infrastructure Trust Inc down to a market cap of $137.15 million. In the last year, CorEnergy Infrastructure Trust Inc has traded between $35.75 and $12.02, and its 50-day SMA is currently $15.22 and 200-day SMA is $25.97.

The stock has a P/E Ratio of 26.

CorEnergy Infrastructure Trust Inc is engaged in acquiring and financing midstream and downstream real estate assets within the U.S. energy infrastructure sector.

CorEnergy Infrastructure Trust Inc is based out of Kansas City, MO and has some 21 employees. Its CEO is David J. Schulte.

For a complete fundamental analysis analysis of CorEnergy Infrastructure Trust Inc, check out Equities.com’s Stock Valuation Analysis report for CORR. 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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Nano One Materials Corp.

Nano One Materials Corp is a technology company. The Company manufactures storage materials for lithium ion batteries.

Private Markets

Initial State

Initial State is an Internet of Things (IoT) data analytics & data management platform company. We turn sensor and event data into information that matters by making it easy to…

Airbnb

Airbnb is a community marketplace for people to list, discover, and book unique accommodations around the world — online or from a mobile phone. Whether an apartment for a night,…