Diamondback Energy Inc. Commmon Stock (FANG) was one of the Russell 2000's biggest losers for Monday January 25 as the stock slid 6.09% to $62.14, a loss of $-4.03 per share. Starting at an opening price of $64.06 a share, the stock traded between $61.68 and $66.53 over the course of the trading day. Volume was 892,028 shares over 11,027 trades, against an average daily volume of 1.29 million shares and a total float of 66.7 million.
The losses send Diamondback Energy Inc. Commmon Stock down to a market cap of $4.14 billion. In the last year, Diamondback Energy Inc. Commmon Stock has traded between $85.82 and $55.48, and its 50-day SMA is currently $70.92 and 200-day SMA is $72.94.
Diamondback Energy Inc is an independent oil and natural gas company. It is currently engaged in the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.
Diamondback Energy Inc. Commmon Stock is based out of Midrand, TX and has some 114 employees. Its CEO is Travis D. Stice.
For a complete fundamental analysis analysis of Diamondback Energy Inc. Commmon Stock, check out Equities.com’s Stock Valuation Analysis report for FANG. 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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