Covisint Corp (COVS) Jumps 14.12% on February 17

Equities Staff |

Covisint Corp (COVS) was among the biggest gainers on the Russell 2000 for Wednesday February 17 as the stock popped 14.12% to $2.02, representing a gain of $0.25 per share. Some 146,092 shares traded hands on 621 trades, compared with an average daily volume of 116,039 shares out of a total float of 40.43 million. The stock opened at $1.82 and traded with an intraday range of $2.06 to $1.75.

After today's gains, Covisint Corp reached a market cap of $81.67 million. Covisint Corp has had a trading range between $3.33 and $1.51 over the last year, and it had a 50-day SMA of $2.13 and a 200-day SMA of $2.44.

Covisint Corp provides cloud engagement platform. It enables organizations to securely connect, engage and collaborate with large, distributed communities of customers, business partners and suppliers.

Covisint Corp is based out of Southfield, MI and has some 382 employees. Its CEO is Samuel M. Inman.

For a complete fundamental analysis analysis of Covisint Corp, check out’s Stock Valuation Analysis report for COVS. To see the latest independent stock recommendations from’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 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 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:


Emerging Growth

Lithium-X Energy Corp.

Lithium X Energy Corp is engaged in exploring and developing lithium resources. Its projects portfolio includes Albemarle's Silver Peak brine evaporation pond project.

Private Markets


Snapchat is the fastest way to share a moment with friends. The mobile app, allows users to not only share photos with friends but also control how long they can…

Almond Smart Home Router by Securifi

Securifi sells user friendly touch screen routers that also have support for IoT/home automation.Securifi’s Almond revolutionized wireless router setup with its easy to use Touchscreen Interface in 2012. Now our…