CTI BioPharma Corp (CTIC) was one of the Russell 2000's biggest losers for Monday February 08 as the stock slid 63.29% to $0.41, a loss of $-0.7088 per share. Starting at an opening price of $0.39 a share, the stock traded between $0.38 and $0.54 over the course of the trading day. Volume was 11.34 million shares over 18,488 trades, against an average daily volume of 1.64 million shares and a total float of 231.72 million.
The losses send CTI BioPharma Corp down to a market cap of $95.28 million. In the last year, CTI BioPharma Corp has traded between $2.94 and $0.80, and its 50-day SMA is currently $1.19 and 200-day SMA is $1.59.
CTI Biopharma Corp is a biopharmaceutical company. The Company is engaged in acquiring, developing & bringing market less toxic, more effective therapies to treat and cure cancer.
CTI BioPharma Corp is based out of Seattle, WA and has some 132 employees. Its CEO is .
For a complete fundamental analysis analysis of CTI BioPharma Corp, check out Equities.com’s Stock Valuation Analysis report for CTIC. 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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