CytRx Corporation (CYTR) Jumps 11.72% on February 11

Equities Staff |

CytRx Corporation (CYTR) was among the biggest gainers on the Russell 2000 for Thursday February 11 as the stock popped 11.72% to $2.05, representing a gain of $0.215 per share. Some 558,935 shares traded hands on 1,766 trades, compared with an average daily volume of 454,401 shares out of a total float of 66.48 million. The stock opened at $1.75 and traded with an intraday range of $2.14 to $1.75.

After today's gains, CytRx Corporation reached a market cap of $136.28 million. CytRx Corporation has had a trading range between $5.42 and $1.55 over the last year, and it had a 50-day SMA of $2.32 and a 200-day SMA of $2.99.

CytRx Corp is a biopharmaceutical research and development company specializing in oncology. Its oncology pipeline includes three clinical-stage drug candidates in various stages of development: Aldoxorubicin, Tamibarotene, and Bafetinib.

CytRx Corporation is based out of Los Angeles, CA and has some 26 employees. Its CEO is Steven A. Kriegsman.

For a complete fundamental analysis analysis of CytRx Corporation, check out Equities.com’s Stock Valuation Analysis report for CYTR. 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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