Cray Inc. (CRAY) was among the biggest gainers on the Russell 2000 for Tuesday February 16 as the stock popped 19.71% to $40.26, representing a gain of $6.63 per share. Some 1.93 million shares traded hands on 15,346 trades, compared with an average daily volume of 407,933 shares out of a total float of 40.59 million. The stock opened at $34.38 and traded with an intraday range of $40.68 to $34.20.
After today's gains, Cray Inc. reached a market cap of $1.63 billion. Cray Inc. has had a trading range between $40.00 and $18.00 over the last year, and it had a 50-day SMA of $33.84 and a 200-day SMA of $28.41.
The stock has a P/E Ratio of 50.2.
Cray Inc designs, develops, and supports high-performance computer systems, commonly known as supercomputers and/or clusters, and provide storage solutions, software and engineering services related to HPC systems.
Cray Inc. is based out of Seattle, WA and has some 1,282 employees. Its CEO is Peter J. Ungaro.
For a complete fundamental analysis analysis of Cray Inc., check out Equities.com’s Stock Valuation Analysis report for CRAY. 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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