Digimarc Corp (DMRC) was among the biggest gainers on the Russell 2000 for Tuesday January 12 as the stock popped 18.17% to $41.29, representing a gain of $6.35 per share. Some 192,672 shares traded hands on 1,630 trades, compared with an average daily volume of 115,152 shares out of a total float of 8.91 million. The stock opened at $36.97 and traded with an intraday range of $41.99 to $36.97.
After today's gains, Digimarc Corp reached a market cap of $367.85 million. Digimarc Corp has had a trading range between $49.25 and $20.90 over the last year, and it had a 50-day SMA of $31.27 and a 200-day SMA of $32.42.
Digimarc Corporation develops solutions, licenses intellectual property, and provides development services to global business partners across industries.
Digimarc Corp is based out of Beaverton, OR and has some 150 employees. Its CEO is Bruce Davis.
For a complete fundamental analysis analysis of Digimarc Corp, check out Equities.com’s Stock Valuation Analysis report for DMRC. 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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