Digi International Inc. (DGII) was one of the Russell 2000's biggest losers for Friday January 22 as the stock slid 16.46% to $8.73, a loss of $-1.72 per share. Starting at an opening price of $9.50 a share, the stock traded between $8.56 and $9.56 over the course of the trading day. Volume was 681,859 shares over 4,617 trades, against an average daily volume of 140,412 shares and a total float of 25.3 million.
The losses send Digi International Inc. down to a market cap of $220.86 million. In the last year, Digi International Inc. has traded between $13.53 and $8.31, and its 50-day SMA is currently $11.85 and 200-day SMA is $10.75.
The stock has a P/E Ratio of 38.7.
Digi International Inc is a provider of Internet of Things (IoT) networking hardware products and solutions that enable the connection, monitoring and control of local or remote physical assets by electronic means.
Digi International Inc. is based out of Minnetonka, MN and has some 565 employees. Its CEO is Ronald E. Konezny.
For a complete fundamental analysis analysis of Digi International Inc., check out Equities.com’s Stock Valuation Analysis report for DGII. 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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