Dex Media Inc. (DXM) Drops 27.01% on December 21

Equities Staff |

Dex Media Inc. (DXM) was one of the Russell 2000's biggest losers for Monday December 21 as the stock slid 27.01% to $0.10, a loss of $-0.037 per share. Starting at an opening price of $0.14 a share, the stock traded between $0.10 and $0.15 over the course of the trading day. Volume was 305,840 shares over 709 trades, against an average daily volume of 391,869 shares and a total float of 17.56 million.

The losses send Dex Media Inc. down to a market cap of $1.76 million. In the last year, Dex Media Inc. has traded between $9.61 and $0.09, and its 50-day SMA is currently $0.18 and 200-day SMA is $1.21.

Dex Media Inc is a provider of local marketing solutions that include websites, print, mobile, search engine and social media solutions for local businesses. The Company's brands include Dex One and SuperMedia.

Dex Media Inc. is based out of Dallas, TX and has some 3,500 employees. Its CEO is Joseph A. Walsh.

For a complete fundamental analysis analysis of Dex Media Inc., check out Equities.com’s Stock Valuation Analysis report for DXM. 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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